The impulses for inflation in the euro area decrease in the year and the year on which the central bank’s objective (BCE) targets are rounded by 2% in the years leading up to, say, the President of the Central Bank of Finland, Olli Rehn.
In advance of a poll published by the German economic journal Handelsblatt, Rehn commented that the pace of normalization of BCE’s monetary policy laxity depends on economic data.
“Personally, it is hoped that economic data will be relatively good and will have verses affected by the Omicron variant,” Rehn said.
Aggregate that, for that matter, consider that the increases in taxes in 2023 are a logical step, but at least it does not have new economic impacts.
Rehn, a member of the BCE’s Governing Council, said that the elimination of Germany’s nuclear energy would end with an increase in dependence on Russia’s natural gas imports and greater volatility in energy markets.
“The decisions about energy policy in Germany affect the fluctuations in prices and, for that matter, the time of decline over inflation,” said Rehn.
“For me, the exchange of natural gas carbon is not an ecological transition, and this transition phase will take a long time in Germany,” he said.
In the debate on the fiscal rules of the European Union (EU), the Central Bank of Finland’s holders called the reforms a reform to ensure that the Stability and Crime Pact is more consistent, realistic and flexible.