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Keywords: Unconventional monetary policy
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Journal Articles
Studies in Economics and Finance (2023) 40 (5): 971–995.
Published: 09 October 2023
... stability, defined by aiming for 2% inflation over the medium term. To accomplish this objective, the European Central Bank (ECB) uses conventional and unconventional monetary policies (UMP). In 2008, developed countries were hit by a global financial crisis and central banks had to react to lessen...

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