IMF Working Paper - The ECB's Money Pillar

In the IMF Working Paper 'The ECB's Money Pillar: An Assessment' Albert Jaeger discusses the case for a money pillar in the European Central Bank's (ECB) monetary policy strategy. The Paper says effective communication of the ECB's monetary policy decisions from the point of view of the present money pillar is likely to remain a challenging task.

The ECB's Money Pillar: An Assessment

Summary

This paper discusses the case for a money pillar in the European Central Bank's (ECB) monetary policy

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