When will interest rates rise?
Base interest rates in the euro area have been close to zero for more than a decade and have been negative since 2014. Both the European Central Bank (ECB) and…
Category: Economy
Let’s talk about inflation.
If I had to single out one phenomenon that has caused the most debate and fear among economists worldwide this year, it would no longer be pandemics or unemployment but inflation. What factors are behind the accelerating price increases, how long can they last, and are the fears of hyperinflation justified?