The Specter of Stagflation: Woes Grow for ECB in Battle Against Inflation
![The Specter of Stagflation: Woes Grow for ECB in Battle Against Inflation](https://cdn.prod.www.spiegel.de/images/c0e331da-491b-4fc9-a688-9910d126316d_w520_r2.08_fpx30.01_fpy50.98.jpg)
The European Central Bank is increasingly desperate in its fight against inflation. Will further interest rate hikes strangle the economy for good? Some are now looking to unconventional measures to turn things around.