The decline in the eurozone’s inflation rate is welcome news, but the headline measure of price rises understates the scale of the problem facing policy makers, European Central Bank board ...
ECB’s Schnabel: Headline Inflation Understates Scale Of Challenge Schnabel pointed to still rapid increases in services prices as a key source of “strong” domestic inflation By ...
TASS/. The head of the US space company SpaceX, Elon Musk, deliberately understates the prices of commercial launches of his space rockets as he enjoys support from the government of the United ...
We argue that workers must take costly actions (“conflict”) to have nominal wages catch up with inflation, meaning there are welfare costs even if real wages do not fall as inflation rises. We study a ...