Gern, Klaus-Jürgen; Kamps, Christophe; Scheide, Joachim - 2002
at its target; this neutral rate lies between 4 and 4.5 percent. Money growth has exceeded the reference value of 4 … to special factors. If this judgment is correct, money growth will slow down markedly in the coming months. As a … of money growth should not be used as an indication that monetary policy is tight and needs to be loosened because the …