Ider, Gökhan; Kriwoluzky, Alexander; Kurcz, Frederik; … - 2023
policy plays an important role in the transmission mechanism of monetary policy. As many major sources of energy, such as oil … of monetary policy to energy prices. On the one hand an appreciation of the euro against the dollar lowers local energy … Reserve (Fed) are capable of doing so by affecting domestic and global energy prices. This “energy-price channel” of monetary …