Other policies can support the speed with which inflation returns to 2% Can other policies help in this endeavour? In the inflationary days of the 1970s, some central bankers were so hesitant about the scope of their responsibility that they let price stability depend on others.
[16] This would make these projects more attractive to private investors. Multilateral development banks – like the European Investment Bank – will play a major role in blending public and private finance to fund green energy projects. [17] In a nutshell: Establishing mutually beneficial partnerships between Europe and developing economies and emerging markets is an important factor for the green transition.