Dipartimento di Economia e Statistica "Cognetti de Martiis"

Collegio Aperto “Monetary Policy in Times of Crisis”
Massimo Rostagno
Director General, Monetary Policy, European Central Bank

The great financial crisis, the sovereign crisis, the deflation threat, the Covid crisis and the Ukrainian war… The young European Central Bank manoeuvres through a complex international and domestic economic maze, punctuated by crises. How did the ECB approach evolve in this two-regime world, where inflation tends to be either too high or too low?

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