Cecioni, Martina; Coenen, Günter; Motto, Roberto; le … - 2021
The ECB’s price stability mandate has been defined by the Treaty. But the Treaty has not spelled out what price … low inflation is different from addressing high inflation. The ability of the ECB (and central banks globally) to provide … ECB’s performance as measured against its formulation of price stability; whether it is possible to identify a preferred …