Can the ECB escape its own trap?
While the European Central Bank has hiked interest rates rapidly to make up ground in its fight against resurgent inflation, it is having a harder time reversing years of massive asset purchases. How...
The high stakes of rising inflation
Many countries are reporting their highest rates of inflation in decades: 6.2% in the United States, 4.2% in the United Kingdom, 5.2% in Germany, and above 4% in the eurozone. Some insist that it is a...