The price stability oriented monetary policy of the European Central Bank

The aim of this paper is to present the price stability oriented monetary policy of the European Central Bank. The European Central Bank began activities in 1998 and the primary objective of the European System of Central Banks is to maintain price stability and the ESCB should also support the gene...

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Main Authors: Wojciech Gasiński, Anna Misztal
Format: Article
Language:English
Published: Lodz University Press 2010-08-01
Series:Comparative Economic Research
Online Access:https://czasopisma.uni.lodz.pl/CER/article/view/6580
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author Wojciech Gasiński
Anna Misztal
author_facet Wojciech Gasiński
Anna Misztal
author_sort Wojciech Gasiński
collection DOAJ
description The aim of this paper is to present the price stability oriented monetary policy of the European Central Bank. The European Central Bank began activities in 1998 and the primary objective of the European System of Central Banks is to maintain price stability and the ESCB should also support the general economic policies in the Community. Monetary policy is a special tool that national governments and central banks uses to influence on its economy, especially to control the supply of money and to influence on the level of economic indicators. This paper investigates the assumed objective of the European System of Central Banks which is to maintain price stability. What is more, we would like to present the monetary policy strategy of the European Central Bank and analysis of the Harmonized Index of Consumer Prices.
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spelling doaj.art-ab38024d0a4b4693b0681a266167fa882022-12-21T18:31:41ZengLodz University PressComparative Economic Research1508-20082082-67372010-08-0113351510.2478/v10103-009-0035-26580The price stability oriented monetary policy of the European Central BankWojciech Gasiński0Anna Misztal1University of ŁódźUniversity of ŁódźThe aim of this paper is to present the price stability oriented monetary policy of the European Central Bank. The European Central Bank began activities in 1998 and the primary objective of the European System of Central Banks is to maintain price stability and the ESCB should also support the general economic policies in the Community. Monetary policy is a special tool that national governments and central banks uses to influence on its economy, especially to control the supply of money and to influence on the level of economic indicators. This paper investigates the assumed objective of the European System of Central Banks which is to maintain price stability. What is more, we would like to present the monetary policy strategy of the European Central Bank and analysis of the Harmonized Index of Consumer Prices.https://czasopisma.uni.lodz.pl/CER/article/view/6580
spellingShingle Wojciech Gasiński
Anna Misztal
The price stability oriented monetary policy of the European Central Bank
Comparative Economic Research
title The price stability oriented monetary policy of the European Central Bank
title_full The price stability oriented monetary policy of the European Central Bank
title_fullStr The price stability oriented monetary policy of the European Central Bank
title_full_unstemmed The price stability oriented monetary policy of the European Central Bank
title_short The price stability oriented monetary policy of the European Central Bank
title_sort price stability oriented monetary policy of the european central bank
url https://czasopisma.uni.lodz.pl/CER/article/view/6580
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