One of the euro's founding fathers says the ECB is 'living in a fantasy' about inflation | Businessinsider - Business Insider South Africa

Otmar Issing, the ECB's first chief economist, criticized the central bank for downplaying the risks of inflation and not raising rates fast enough.

One of the founding fathers of the euro believes the European Central Bank has been far too slow in responding to inflation and risks tilting the single currency bloc into "stagflation", where prices… [+2464 chars]

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