ECB at the Crossroads

Markus Demary/Michael Hüther

The ECB has left its policy interest rates unchanged despite inflationary pressures stemming from a strengthened recovery and from rising oil prices. Although the ECB’s Governing Council did not discuss a renewal of the long-term refinancing operations, which will expire in 2020, its monetary policy stance is still too accommodative.

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Year of publication:	2017
Authors:	Demary, Markus ; Hüther, Michael
Published in:	IW-Kurzberichte. - [Köln] : [Institut der deutschen Wirtschaft Köln], ZDB-ID 2887446-8. - 2017, 27
Subject:	Geldpolitik \| Monetary policy \| Zentralbank \| Central bank \| EU-Staaten \| EU countries

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	hdl:10419/157617 [Handle]
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011637791