The European Central Bank's Inflation Forecast

There is significant anxiety, especially in germany, about the current situation of unusually high prices. People see and feel that prices from many things, energy, food, prices in restaurants, are going up. There are a lot of complaints that your interest does not earn any money in the bank,. Holger predicts that whilst america and the u. K will raise rates by the middle of next year, it'll be 20 23 before the european central bank follows suit. This is because its president, christine legarde, takes this view of inflation in europe.