Low inflation / base rate environment pouring more institutional money in alternative investment forms – By Julian Habsburg and Frederic Klaus
Category Archives: Dissertation
Credibility of Central Banks – A comprehensive analysis of ECB and FED effectiveness
On the 1st of January 1999, the ECB assumed responsibility for monetary policy in the euro area, with the primary objective of maintaining price stability, keeping the euro area’s target inflation rate (calculated using the Harmonized Index of Consumer Price, HICP) below, but close to 2% over the medium term. This objective has even been reinforced withContinue reading “Credibility of Central Banks – A comprehensive analysis of ECB and FED effectiveness”
