Bundesbank Nagel: Inflation expectations de-anchoring is worrying

Bundesbank President Joachim Nagel said: “The risk of inflation expectations becoming de-anchored has risen over the past months. Risks to price stability exist.” “Inflation expectations of households and firms in Germany are somewhat less anchored than, say, a year ago,” he said. “The increase is worrying.” “If monetary policy falls behind the curve, even stronger […]

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