Will the central banks get a grip on inflation soon?

The last full week of trading is also commonly known as “Central Banks Week”. In view of the recent sharp rise in inflation, many eyes will be turned eagerly in the direction of the central banks in the coming days. Both the European Central Bank (ECB) and the US Federal Reserve will then comment on how they should proceed.

The Fed could decide to cut its bond purchases even faster than previously planned in the coming year. It may also allow her to bring forward the first rate hike. In contrast, the ECB is still well behind the Fed when it comes to the turnaround in monetary policy. But it will not be able to completely ignore the call for a tighter course.

The question already arises: will the central banks get a grip on inflation in the near future? Write us your opinion in five sentences [email protected]. We will publish selected contributions on Thursday in print and online, with attribution. We are interested in whether and how you are concerned with the topic. Are you already trying to protect your assets against depreciation yourself? Have you changed your investment strategy accordingly?

After all, even economists disagree on whether inflation will persist or just be temporary. The same picture emerges within the ECB. At least ECB boss Christine Lagarde considered the rise in inflation in the euro area to be temporary. However, there are also representatives within the Governing Council who warn against underestimating the dangers of inflation. But it is precisely on this assessment that the further monetary policy course of the ECB depends. The “Week of the Central Banks” will show which course the central banks will take.

If you would like to have your say in the Handelsblatt on this topic, please write us a comment, either by email [email protected] or on Instagram at @handelsblatt.