Showing 1 - 10 of 440
Persistent link: https://www.econbiz.de/10011551890
Persistent link: https://www.econbiz.de/10003974148
Persistent link: https://www.econbiz.de/10009659522
The extraordinary measures taken by the ECB to combat the financial crisis have led many observers to question whether the bank has put its independence at risk. The bank’s vow to do “whatever it takes” to save the euro has added a second (and potentially contradictory) goal alongside its...
Persistent link: https://www.econbiz.de/10010240658
Persistent link: https://www.econbiz.de/10008759381
Persistent link: https://www.econbiz.de/10003419675
below the ECB’s inflation target. Therefore, a readjustment of the infl ation target seems unjustified. Furthermore, as the … ECB can expect inflation to return to its target, it possibly can accelerate tapering its unconventional monetary policy …
Persistent link: https://www.econbiz.de/10011987417
Persistent link: https://www.econbiz.de/10011563744
Following the twin crises of sovereign debt and COVID-19, the ECB risks being stuck in a situation of fiscal dominance, in which monetary policy is subordinated to the needs of finance ministers. A strong post-COVID-19 recovery may increase inflationary pressures, requiring a shift towards a...
Persistent link: https://www.econbiz.de/10012672360
Persistent link: https://www.econbiz.de/10003996151