The European Central Bank, The Federal Reserve System and the Challenge of Inflation
Worldwide, inflation is one of the most used terms when discussing the economy and beyond. Inflation is the indicator that governments, the population, financial entities, investors and not least monetary authorities are interested in. Since central banks have price stability as their main object...
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Format: | Article |
Language: | English |
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Ovidius University Press
2024-02-01
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Series: | Ovidius University Annals: Economic Sciences Series |
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Online Access: | https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/25-2.pdf |
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author | Irena Munteanu |
author_facet | Irena Munteanu |
author_sort | Irena Munteanu |
collection | DOAJ |
description | Worldwide, inflation is one of the most used terms when discussing the economy and beyond. Inflation is
the indicator that governments, the population, financial entities, investors and not least monetary authorities
are interested in.
Since central banks have price stability as their main objective or not, they act through monetary policies
when necessary. Monetary decisions in the Eurozone and the United States - as financially important regions
- influence other economies.
This paper focuses on the study of the evolution of the inflation rate in these two cases because of the
importance of the subject. It will be found that inflation can also be a challenge for these large financial entities
– Federal Reserve System and European Central Bank. |
first_indexed | 2024-03-08T03:14:53Z |
format | Article |
id | doaj.art-98efd5c0637145519e77b802d75cafc7 |
institution | Directory Open Access Journal |
issn | 2393-3127 |
language | English |
last_indexed | 2024-03-08T03:14:53Z |
publishDate | 2024-02-01 |
publisher | Ovidius University Press |
record_format | Article |
series | Ovidius University Annals: Economic Sciences Series |
spelling | doaj.art-98efd5c0637145519e77b802d75cafc72024-02-12T17:36:16ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272024-02-01XXIII2789794The European Central Bank, The Federal Reserve System and the Challenge of InflationIrena Munteanu 0“Ovidius” University of Constanța, Faculty of Economic Sciences, Romania Worldwide, inflation is one of the most used terms when discussing the economy and beyond. Inflation is the indicator that governments, the population, financial entities, investors and not least monetary authorities are interested in. Since central banks have price stability as their main objective or not, they act through monetary policies when necessary. Monetary decisions in the Eurozone and the United States - as financially important regions - influence other economies. This paper focuses on the study of the evolution of the inflation rate in these two cases because of the importance of the subject. It will be found that inflation can also be a challenge for these large financial entities – Federal Reserve System and European Central Bank. https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/25-2.pdfcentral bankinflation ratefedecb |
spellingShingle | Irena Munteanu The European Central Bank, The Federal Reserve System and the Challenge of Inflation Ovidius University Annals: Economic Sciences Series central bank inflation rate fed ecb |
title | The European Central Bank, The Federal Reserve System and the Challenge of Inflation |
title_full | The European Central Bank, The Federal Reserve System and the Challenge of Inflation |
title_fullStr | The European Central Bank, The Federal Reserve System and the Challenge of Inflation |
title_full_unstemmed | The European Central Bank, The Federal Reserve System and the Challenge of Inflation |
title_short | The European Central Bank, The Federal Reserve System and the Challenge of Inflation |
title_sort | european central bank the federal reserve system and the challenge of inflation |
topic | central bank inflation rate fed ecb |
url | https://stec.univ-ovidius.ro/html/anale/ENG/wp-content/uploads/2024/02/25-2.pdf |
work_keys_str_mv | AT irenamunteanu theeuropeancentralbankthefederalreservesystemandthechallengeofinflation AT irenamunteanu europeancentralbankthefederalreservesystemandthechallengeofinflation |