Commerzbank chief economist warns of inflation spiraling out of control

by time news

Inflation is back. In the USA, in Europe and also in Germany, consumer prices have recently risen sharply. The European Central Bank (ECB) is still sticking to its cheap money policy. The chief economist at Commerzbank, Jörg Krämer, thinks that is wrong. In an interview with the Berliner Zeitung, he warns of inflationary dynamics that are becoming independent.

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