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Friday, May 17, 2024

Mario Draghi Has An Inflation Problem (Video)

Courtesy of EconMatters

We discuss the fact that Euro Area Inflation is spiking, as is inflation around the globe, as the consequences of artificially low interest rates start coming to the forefront in this video. We believe given that the ECB`s only chartered mandate is keeping a lid on inflation; forget tapering the ECB needs to start raising interest rates.

 
 
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