The European Central Bank is now pursuing a very easy monetary policy.

They must instead rely on the European Central Bank (ECB) to enact monetary policy.

I don t think monetary policy, even unorthodox monetary policy, can do the job.

In the eurozone s member countries, only fiscal policy is possible at the national level, because the European Central Bank controls monetary policy.

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Call them fiscal policy, credit policy, monetary policy, and inflation.

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We call this monetary policy.

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The European Central Bank must set monetary policy for the eurozone as a whole, even if that policy is highly inappropriate for some member countries.

1. Strongly anti inflationary monetary policy.

Standards for Non Standard Monetary Policy

1. Strongly anti inflationary monetary policy.

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This second view has characterized the European Central Bank s approach to monetary policy since the start of the financial crisis.

The Bank of England s Monetary Policy Committee has often been presented as a pioneer in making monetary policy transparent.

The ECB will object, not without reason, that monetary policy is a blunt instrument with which to rebalance the European economy.

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The same dangers arise for monetary policy.

The European Central Bank should ease monetary policy in order to weaken the value of the euro and bootstrap the periphery s growth.

Finally, Europe should transform the ESM into a European Monetary Fund capable of providing policy assessment and advice, as well as financial assistance possibly drawing on European Commission staff.

The discussion of monetary policy is especially divisive.

Its fear of wayward monetary policy is not.

Finally, monetary policy has been far too loose.

LONDON The European Central Bank s recently announced policy of bond buying, what it calls outright monetary transactions (OMTs) marks a convergence of European central banks with their Anglo Saxon counterparts.

Governments lack a national currency to depreciate, and lack the power to relax credit, having delegated monetary policy to the European Central Bank.

The same is true of developments like the Union's common foreign and security policy or Monetary Union, with its Euro and European Central Bank.

Leading German political figures are becoming increasingly suspicious of the European Central Bank, while also worrying aloud about the US Federal Reserve s monetary policy.

A single currency means a single monetary policy and a single interest rate, even if economic conditions particularly cyclical conditions differ substantially among the member countries of the European Economic and Monetary Union (EMU).

Expansionary monetary policy in such an environment might fail.

That leaves only monetary policy to support economic activity.

But monetary policy had little to do with it.

7 11 February 1993 Research Advice on monetary policy

Having agreed to delegate responsibility for monetary policy to the European Central Bank, most governments put up fierce resistance to any further transfer of sovereignty.

Because European interest rates no longer are clearly out of whack with the fundamentals of the euro zone economy, monetary policy has become more complex.

The ECB will object, not without reason, that monetary policy is a blunt instrument with which to rebalance the European economy. A cut in policy rates or quantitative easing by another name will do nothing to enhance the troubled southern European economies competitiveness.

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And the Fed has continued its low interest monetary policy.

The Fed will clarify the direction of US monetary policy.

Monetary policy is a more complex and difficult balancing act.

The objectives of the new monetary policy approach are admirable.

The transatlantic divide is evident with respect to monetary policy.

A monetary policy at war with itself cannot long endure.