In an interview with Dietzeit, European Central Bank Governor and Deutsche Bundesbank Governor Joachimnegel, he said he advocated normalization of monetary policy if inflation did not change by March.
“Germany’s inflation rate is expected to significantly exceed 4% in 2022.”
“The economic cost of acting too late is significantly higher than acting too early.”
“The first step is to end the purchase of bonds, and then interest rates may already rise in 2022.”
Looking at the situation of inflation, the ECB cannot help raising interest rates.
According to a French resident, prices have risen significantly, and there are complaints at the general public level.
Given this, the EUR continues to look at buying.