POL 423 Journal 6

POL 423 Journal 6 - changes . Germany is really reaping the...

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Financial Times German price surge threatens eurozone inflation Friday , January 28, 2011 Journal 6 Germany reported prices were rising at the fastest rate since October 2008 . This is triggering a large acceleration in the annual inflation . The European Central Bank would like to keep the interest rate growth at around two percent for the medium term , but with German inflation rapidly increasing it will be very hard to meet those goals without implementing some
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Unformatted text preview: changes . Germany is really reaping the benefits from the recovery plan the European Central Bank implemented to combat the dept crisis that the European Union was experiencing , but this rush of inflation could greatly disrupt the large growth the German economy is having . The question then comes to , what should be done to target this inflation and keep the annual inflation growth around the two percent the European Central Bank was hoping for ....
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