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