Euro clings to the past

European central bank are not going to raise a rate in 2022. Who does not remember the past, is doomed to endure it again. The most part of the last decade of European central bank carried out in fight against a deflation in Japanese style, and its persistent unwillingness to raise rates – anything other as past echoes. The chief economist Leyn Philip noted that with 2014 on 2019 consumer prices in the eurozone grew on the average for 0,9% therefore if to proceed from policy of symmetric inflation, even at the current level of 4,1% it does not reach targeta European central bank in 2%. In this regard toughening monetary policy in 2022...