Central bankers in Central Europe and the eurozone do not understand each other. The apple of contention is the transience of inflation

Central bankers in Central Europe have focused on raising interest rates in the fight against rapidly rising inflation. This is supported by global supply problems and rising energy costs, but …

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Inflation in the EU and in the euro area rose sharply in August, the highest in ten years – ČT24 – Czech Television

For the first time, inflation thus significantly exceeded the European Central Bank’s (ECB) target. It intends to keep price growth at two percent per year in order to revive the …

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