Monetary Policy in Times of Crisis¶
Rostagno, M. (2013). Monetary Policy in Times of Crisis: A Tale of Two Decades of the European Central Bank. Oxford University Press.
Cited by¶
1 citation across 1 artifact.
Domain-specific¶
- Secular Stagnation
- As inflation stayed persistently below target and growth stayed weak, the European Central Bank cut rates toward zero and, in June 2014, took its deposit rate negative — an explicit attempt to reach beneath the conventional floor — followed by large-scale asset purchases
Supported in partVerified against the source
- As inflation stayed persistently below target and growth stayed weak, the European Central Bank cut rates toward zero and, in June 2014, took its deposit rate negative — an explicit attempt to reach beneath the conventional floor — followed by large-scale asset purchases
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