3min chapter

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Philip Lane on the Nature of Europe’s Double-Digit Inflation

IMF Podcasts

CHAPTER

Is the ECB Taking Action?

As inflation rises, so does speculation as to where it's all going. Philip Lane: "We protect the confidence of everyone that inflation will come back to our target in a timely manner" The ECB stopped quantitative easing and raised interest rates by 200 basis points this year.

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