Berger, Helge (contributor); Haan, Jakob de (contributor); … - 2006
follow to assess medium to long-
term trends in inflation in view of the close relationship between money and prices over … signal of future inflation.”
4
However, on various occasions, the ECB has stressed that, as in the past, the monetary … reaction functions for the euro area fail to find that money
growth plays a role in the ECB’s interest rate decisions.
5
In …