The ECB decision to cut its benchmark interest rate in November 2013 has been severely criticised in Germany. Against … this background, the President of the Bundesbank justified the ECB's monetary policy stance in recent speeches. At the same …

The ECB is a central bank with a high level of transparency. However, it still does not publish voting records or … effectiveness of the ECB’s monetary policy could be enhanced by enlarging its transparency. This is especially necessary if the …

In September 2012, in order to save the euro, the Governing Council of the European Central Bank (ECB) announced … monetary policy, leading to a controversial integration with fiscal policy and endangering the ECB’s independence as well as …

. The straightforward solution for the ECB would be to sell the once purchased bonds, as they are the source of the extra … debt certificates by the ECB as an alternative way of absorbing liquidity. …

course it has maintained for too long. The policies of the ECB in recent months and announcements about the next steps also …

This paper analyses the European Central Bank's (ECB) challenge in applying a uniform interest rate across the … economically diverse Eurozone using the Taylor Rule. The analysis reveals that the ECB's one-size-fits-all interest rate often … recent inflation spike. The findings suggest a significant mismatch between the ECB's actual rates and those recommended by …

Facing deflationary threats, the ECB has engaged in several forms of asset purchase programs to fulfill its mandate of … of actual inflation. This study empirically evaluates the effectiveness of these ECB policies in raisinginflation … expectations. The results suggest that the ECB announcements of asset purchase programs significantly increased the expected …

ECB's monetary policy stance with the Fed and the Bank of England. Second, the analysis deals with the theoretical and … combination with the hesitant monetary policy approach of the ECB, fiscal consolidation measures triggered a vicious circle of …-cyclical fiscal policies that deepened the crisis. The ECB has been pursuing aggressive Quantitative Easing measures since early 2015 …