The tool used by central banks to combat inflation is not what we think it is (Opinion piece)

⚠️Automatic translation pending review by an economist.

At the end of July 2023, Hervé Amourda, member of the strategic committee at BSI Economics and economist at Pro BTP Finance, published an opinion piece in Les Echos on inflation and the tools available to central banks.

According to him, it would appear that interest rates and balance sheet management are not the most effective tools available to central banks to combat rising prices. To find out more and read this opinion piece , click on this link.

23/08/2023

L'auteur

Hervé Amourda

Hervé AMOURDA is an economist with PRO BTP FINANCE. He began his career at Société Générale (CIB) in London as a junior economist, before moving to India and becoming a eurozone economist specializing in inflation. He was then put in charge of the economic scenario at the Fonds de Réserve pour les Retraites (FRR). Hervé joined PRO BTP FINANCE in 2017. Hervé holds a Master's degree in Economics and International Finance from the University of Bordeaux and the University of California. He has been teaching Macroeconomics at the University of Paris Dauphine since 2018 (L2 and M2) and is a regular speaker at the University of Bordeaux.

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The tool used by central banks to combat inflation is not what we think it is (Opinion piece)

At the end of July 2023, Hervé Amourda, member of the strategic committee at BSI Economics and economist at Pro BTP Finance, published an opinion piece in Les Echos on inflation and the tools available to central banks.

According to him, it would appear that interest rates and balance sheet management are not the most effective tools available to central banks to combat rising prices. To find out more and read this opinion piece , click on this link.

L'auteur

Hervé Amourda

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