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Too low, too high - what's next for inflation?

· Joachim Nagel, President of the Deutsche Bundesbank (Germany)

Summary written by Dark Majestic in its own words · topics: inflation and price stability

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· Joachim Nagel Wiki · Deutsche Bundesbank WikiToo low, too high - what's next for inflation?

ContextSpeech (virtual) by Joachim Nagel, President of the Deutsche Bundesbank, at the Joint Spring Conference 2024 "Structural Changes and the Implications for Inflation", Eltville am Rhein, 7 May 2024.

Why it mattersNagel examines why inflation swung from too low to too high and what structural shifts mean.

Problems raised
  1. Inflation was too low, then too high.
  2. Structural changes affect inflation.
  3. Supply chain security adds price pressure.
Solutions proposed
  1. Study structural drivers of inflation.
  2. De-risk strategic supply chains.
  3. Accept some price effects for security.
Read full speech on bis.org ↗

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