The ECB’s Fight against Low Inflation: On the Effects of Ultra-Low Interest Rates §
Starting in June 2014, the European Central Bank (ECB) stepped up its monetary accommodation in order to counter a too prolonged period of low inflation in the euro area. This article offers a narrative of the monetary policy measures taken up to December 2016 and a review of the effects of ultra-lo...
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| Format: | Article |
| Language: | English |
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MDPI AG
2017-04-01
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| Series: | International Journal of Financial Studies |
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| Online Access: | http://www.mdpi.com/2227-7072/5/2/12 |