Gern, Klaus-Jürgen; Kamps, Christophe; Scheide, Joachim - 2001
, which may be around the sustainable rate of output growth. In the euro area, monetary policy is currently faced with the … United States, in Japan, and in the emerging market economies and discuss the short-term forecasts for EU countries and those … limit of the ECB target range. Notwithstanding, the majority of AIECE institutes feel that the ECB's policy stance is too …