POL 423 Journal 6

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

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
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
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

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 ....
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online