Davos Watch: Real Interest Rates to Remain at ‘Nothing or Next to Nothing’ & Higher Inflation Target

Publikováno: 25.5.2022

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Inflation expectations in Europe have consistently drifted upwards, and despite rising nominal interest rates, the real rate is likely to be “nothing or next to nothing,” according to Klaas Knot, President of the Central Bank of the Netherlands. Meanwhile, a professor said that 3% is a more appropriate inflation target than the 2% that is common today....
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