
Europe's recovery budget
The Sound of Economics
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Is Monetary Policy Normalization Too Slow?
Inflation numbers are now very high, much above two %. And if you exclude the energy prices and you just look at cor inflation, it's still above two%. Now the c b m has started communicating about a change in cosma castilagat in her last press conference. I think did do some expectation. Managements an financial markets did react to that. But still, a lot of critics are thinking on the more conservative side, or are thinking that monetary policy normalization is too slow. So i think the debate very much is about, how transitory is this inflation shock? How much underlying price pressures do we have? And you know what, what should monetary
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