The ECB concluded its last monetary policy strategy review and adopted a new strategy in 2021, just before the unprecedented surge in inflation. Three years and three crises later, this column takes stock of how well the revised strategy functioned in a high-inflation environment. The redefined inflation target helped achieve the ECB goal to tame inflation over the medium term. Given the continuous evolution of the global environment, including geopolitics, the ECB should regularly review its

Tag-uri: Inflatie