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Journal Articles OFCE Policy Brief Year : 2020

Setting New Priorities for the ECB's Mandate

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Abstract

In a statement announcing the review of its monetary policy strategy, the Euro-pean Central Bank (ECB) stated that it will, in addition to price stability, also take into account how “other considerations, such as financial stability, employment and environmental sustainability, can be relevant in pursuing the ECB's mandate”. The key question is which precise objectives shall be taken into account and how the ECB might reach them, keeping in mind that some trade-offs vis-à-vis the primary objective may arise. [First paragraph]
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Dates and versions

hal-03403024 , version 1 (26-10-2021)

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Attribution - NonCommercial - NoDerivatives - CC BY 4.0

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Christophe Blot, Jérôme Creel, Emmanuelle Faure, Paul Hubert. Setting New Priorities for the ECB's Mandate. OFCE Policy Brief, 2020, 71. ⟨hal-03403024⟩
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