1. European Central Bank and the Federal Reserve System
... pillars - economic analysis and monetary analysis - that forms the basis of the Governing Council's overall assessment of the risks to price stability and its monetary policy decisions. Economic analysis focuses on the assessment of current economic developments and the associated short to medium-term risks to price stability. It includes an analysis of shocks hitting the euro area economy and projections of key macroeconomic variables. Monetary analysis focuses on the assessment of medium to long ... -term inflation trends in view of the close relationship between money and prices over ...
- Word Count: 2990
- Approx Pages: 12
- Has Bibliography
- Grade Level: Undergraduate