If we do want to canalize and bring inflation down maybe that means we have to have bigger sacrifice in our output and it is a hard decision – says Xing Guo, Bank of Canada.
If we let inflation consolidate and entrench at the high level the cost od bringing it down at a later point in time will be huge in terms of unemployment – says Marco J. Lombardi, Bank for International Settlements.
One of the three new winners of the Nobel Prize in Economics funded by Sweden’s Riksbank, Ben Bernanke, likes challenges – his biography, and above all, his achievements, are proof of this. For this reason, when speaking...
The complete shutdown of gas deliveries through Nord Stream 1 is an indication of how desperate the Russian leadership has become. There is now no path to military victory, but a clear chance that intensified economic warfare...
I think that we are able to contain inflation by hiking interest rates. There is always very kind of… for a small open economy like Iceland, and Poland is to some extent too, also an open economy. The currency market...
Well, there is such a saying – the only constant thing in this world is change. And that’s how I also see this very broad question on globalisation. Even if nothing happened, even if we had no pandemic war against...
Maybe we have now got used to extremely low interest rates, but we have to keep in mind that these are not normal interest rates that we had in the past – says Boris Vujčić, the Governor of the Croatian National Bank. I would...
In fact, it’s only the central banks that can fight inflation in a proper manner and there is a lot of discussion going on all over the world and especially in Europe on how governments could address inflation. But by...
W handlu międzynarodowym będą decydować inne czynniki niż tylko minimalizacja kosztów. Będziemy się zastanawiać, kto i co produkuje oraz w jakich warunkach. Mam nadzieję, że to zbliży podobne do siebie kraje...
Nasze działania są próbą ograniczenia wystąpienia efektów wtórnych, aby – gdy negatywne szoki podażowe znikną – inflacja również spadła szybko – mówi Mārtiņš Kazāks prezes Banku Łotwy i członek Rady...