Bank of Greece

08/30/2022 | Press release | Distributed by Public on 08/31/2022 04:39

Statements by Yannis Stournaras, Governor, Bank of Greece Governors’ panel “Inflation: Can Central Banks Cope?”, European Forum Alpbach (EFA) 2022

Against this backdrop, monetary policy faces the dilemma of bringing inflation down to target, while ensuring a soft-landing amid rising fears about economic recession.

Instruments & challenges to cope with inflation