Fiscal is the European central bank
This is on there manifest
Conventionally, a higher inflation rate is expected to improve public finances, at least in the short term. This is due to the fact that a higher inflation rate raises government revenues, while public expenditure tends to only increase with a lag.
This is on there manifest
Conventionally, a higher inflation rate is expected to improve public finances, at least in the short term. This is due to the fact that a higher inflation rate raises government revenues, while public expenditure tends to only increase with a lag.