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Learning from the European Central Bank's policy mistakes

The Sound of Economics

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The Data Driven Conditions for Interest Rises - When?

In december last it was already quite close to that. But then inflation went even further up a bit, all the promises which were, which are made under the forder guidance in december were maintained equally without any change. So they could have changed the forward guidance too. They decided not to do that. Then came the russian invasion Of ukraine, which created lots of uncertainty. It took quite some time until july, when the first in the interstate increase actually got it right,. sov andesi correctly.

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