The ECB’s New Monetary Policy Strategy

Abstract The ECB updated its monetary policy strategy for the first time in 18 years in July 2021. Therein, the ECB announced that it is willing to accept a transitory period of moderate inflation overshoot in its efforts to push inflation upwards after a long period of undershooting its target. Thi...

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Bibliographic Details
Main Author: Peter Hennecke
Format: Article
Language:English
Published: Springer 2021-10-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-021-1002-9
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