Monetary accommodation has opened up space for other economic policies in the euro area, which needs to be put to good use by pursuing economic reforms. Productivity and employment growth ultimately rest on our ability to reform.
Articles tagged with "ECB"(10)
Transparency and communication improves the efficiency of monetary policy
Expansionary economic policy boosts growth
Growth picking up but inflation remains subdued
Are market expectations in line with the forward guidance of the ECB?
Euro area set to recover
Editorial: Monetary policy exceptionally accommodative for a prolonged period
A slower recovery in the euro area would present new challenges for monetary policy. The ECB Governing Council monitors all incoming information. The asset purchase programme provides sufficient flexibility in terms of adjusting the size and duration of the programme. The package of articles on monetary policy and the international economic forecast will be published in English on 2 October 2015.