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<p><span>On the occasion of the meeting of the ECB Governing Council on 16 December 2021, a high-level working group headed by former prime ministers and candidates for chancellor Peer Steinbr&uuml;ck and Edmund Stoiber is calling on the European Cen-tral Bank to do more to reduce the increasing inflation rate. Stoiber and Steinbr&uuml;ck: "The ECB is neglecting its fundamental task of maintaining price stability by not ad-justing its ultra-loose monetary policy despite rising inflation rates. Contrary to the ECB s assumption that the trend is temporary, there is a high risk that inflation ex-pectations will become entrenched, thus driving inflation further." The resignation of the leading voice for stability in the ECB Governing Council, Bundesbank President Weidmann, should serve as a warning, they said. "We expect the ECB Governing Council to send a clear signal for a turnaround in monetary policy at its meeting and as a first step to substantially

Linda teutebergDeutsches aktieninstitutKurt faltlhauserRoland kochHans werner sinnEdmund stoiberPaul achleitnerRoland bergerUlrich grilloAntje tillmannChristine bortenlWolfgang reitzleReinhold bockletWolfganga herrmannFederation of german industriesSupervisory board of deutsche bank