ECB Likely at Fault for Uncontrolled Inflation in Euro Area

ECB Likely at Fault for Uncontrolled Inflation in Euro Area
A woman holds Euro banknotes in this illustration taken on May 30, 2022. Dado Ruvic/Reuters
Law Ka-chung
Updated:
0:00
Commentary

While the U.S. year-on-year inflation is declining, inflation in the Eurozone is still not under control. Why is that so?

Law Ka-chung
Law Ka-chung
Author
Law Ka-chung is a commentator on global macroeconomics and markets. He has been writing numerous newspaper and magazine columns and talking about markets on various TV, radio, and online channels in Hong Kong since 2005. He covers all types of economics and finance topics in the United States, Europe, and Asia, ranging from macroeconomic theories to market outlook for equities, currencies, rates, yields, and commodities. He has been the chief economist and strategist at a Hong Kong branch of the fifth-largest Chinese bank for more than 12 years. He has a Ph.D. in Economics, MSc in Mathematics, and MSc in Astrophysics.
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