The Sound of Economics cover image

Learning from the European Central Bank's policy mistakes

The Sound of Economics

00:00

Is the European Central Bank Really Wrong in Not Raising Interstates?

In 20 21, indeed, i think that not raising interest rates was a right decision. But in the period when isibi struggled to how to break this promise, it lost a couple of months and also might have lost credibility. So under such circumstances, the credibility of the centre bank can be undermined. And this can have, you no adverse impactsi in later, because then the sib nee to prove that they are caring for imflation. And they have to correct themselves.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app