Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014

15 Pages Posted: 7 Dec 2017

See all articles by John Hutchinson

John Hutchinson

European Central Bank (ECB)

Frank Smets

European Central Bank (ECB); KU Leuven - Center for Economic Studies

Date Written: December 2017

Abstract

The euro area economy is emerging from a very pronounced crisis which has added complexity to achieving the price stability objective. The ECB has implemented an array of monetary policy instruments which are working their way through the economy and are proving to be very effective in supporting the recovery. By acting as it has, the ECB has continued to show that it will always respond to its communicated reaction function and thereby, reassure the public of its commitment to its fulfilling its mandate.

Suggested Citation

Hutchinson, John and Smets, Frank, Monetary Policy in Uncertain Times: ECB Monetary Policy Since June 2014 (December 2017). The Manchester School, Vol. 85, pp. e1-e15, 2017, Available at SSRN: https://ssrn.com/abstract=3083229 or http://dx.doi.org/10.1111/manc.12205

John Hutchinson (Contact Author)

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany

Frank Smets

European Central Bank (ECB) ( email )

Kaiserstrasse 29
D-60311 Frankfurt am Main
Germany
+49 69 1344 6550 (Phone)
+49 69 1344 6575 (Fax)

KU Leuven - Center for Economic Studies ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
0
Abstract Views
370
PlumX Metrics