DNB calls for ‘structural solutions’ to varying eurozone inflation
Rebalancing effect of eurozone’s uniform monetary policy is “slow and incomplete”, central bank says
The Netherlands Bank (DNB) has called for policies to remedy the country’s “persistently higher” inflation.
In a paper published on September 3, Jan Willem van den End, Jos de Grip, Marco Hoeberichts and Kostas Mavromatis say supply-side policies are required to fix the divergent rates of inflation in the eurozone.
They point out that since 2020, the Netherlands has experienced a higher rate of inflation than the average for the eurozone. Although the European Central Bank’s uniform monetary
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