A TRICKY AGENDA
Tema(s): En: Financial Times 15 feb. 1999, p. 10Resumen: At the top of the ECB's list of policy goals is its determination to maintain price stability. But it may find euro-zone citizens have more complex expectations. This is particularly problematic in view of the ECB's legal obligation to support the economic policies of the European Union. The ECB's job is one of "constrained optimisation" - the need to support growth, constrained by the requirement to keep prices stable. But with such a wide band, it is difficult to pinpoint the moment when price stability has been reached, so one can switch policy to support growth.| Tipo de ítem | Biblioteca actual | Signatura | Info Vol | Estado | Fecha de vencimiento | Código de barras | |
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Analítica de Seriada
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BIBLIOTECA ECONÓMICA BCE - QUITO | RESUM-020227 (Navegar estantería(Abre debajo)) | Financial Times. 15 feb. 1999, p. 10 | Disponible |
At the top of the ECB's list of policy goals is its determination to maintain price stability. But it may find euro-zone citizens have more complex expectations. This is particularly problematic in view of the ECB's legal obligation to support the economic policies of the European Union. The ECB's job is one of "constrained optimisation" - the need to support growth, constrained by the requirement to keep prices stable. But with such a wide band, it is difficult to pinpoint the moment when price stability has been reached, so one can switch policy to support growth.
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