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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Main Author: Irena Munteanu
Format: Article
Language:English
Published: Ovidius University Press 2024-02-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
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.
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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
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