Should the ECB Revise its inflation target?
Christophe Blot and Francesco Saraceno The inflation rate in the Eurozone continues to decline. In February, it dropped to 2.6%, more than two percentage points […]
Monetary policy
Where does the European Union stand?
By Robert Boyer, Director of Studies at EHESS and the Institut des Amériques Speech at the “European Political Economy and European Democracy” seminar on June […]
Will the US labour market withstand monetary tightening?
By Christophe Blot In March 2022, the US central bank began tightening monetary policy in response to rapidly rising inflation. Since then, the target rate […]
Has inflation in the euro zone peaked?
By Christophe Blot For the first time since June 2021, inflation, as measured by the Harmonised Index of Consumer Prices (HICP), has fallen in the […]
Reforming the Growth and Stability Pact: The Commission has fallen on the debt
By Jérôme Creel In its communication of 9 November 2022, the European Commission outlined the contours of the new European fiscal framework that should, in […]
Can the US Federal Reserve bring inflation back to 2%?
by Christophe Blot At the monetary policy meeting on 16 March 2022, the Federal Reserve raised its interest rate by a quarter point to 0.5%[1]. […]
Is the war in Ukraine influencing central bank monetary policy?
by Christophe Blot The end of 2021 was marked by growing concern among central banks about inflation[1]. As pressure on prices intensified with Russia’s invasion […]
What direction for monetary policy in 2022?
By Christophe Blot With the return of inflation in 2021, the focus is now on the central banks and their mandate for price stability. Between […]
Should the Eurozone rely on the US?
by Christophe Blot, Caroline Bozou and Jérôme Creel The Covid-19 pandemic has led governments and central banks around the world to implement expansionary fiscal and […]
The “modern theory of money” – is it useful?
by Xavier Ragot A heated debate is currently taking place in macroeconomics. The change in US economic policy following the election of Joe Biden has […]