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When does Monetary Policy Matter? Not all Policy Statements are Alike
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Income Smoothing in Europe: A Multi-Speed Process
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Financial market infrastructures, payment systems
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On the Distributional Effects of Conventional Monetary Policy and Forward Guidance
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Tokenised money market funds: what are the implications for financial stability?
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ECB’s Governing Council updates its monetary policy strategy
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p
Price shield
A set of government measures aimed to protect consumers and businesses from excessive price increases, especially in energy (gas, electricity, fuel, etc.).
g
Governing Council
Main decision-making body of the European Central Bank. It is comprised of the six members of the Executive Board and the governors of the national central banks of the euro area countries.
p
Potential growth
The rate of growth of gross domestic product (GDP) that an economy can theoretically achieve by fully utilising its production capacity without creating inflationary pressures.