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ECB Monetary Policy. Past, Present and Future

Author

Listed:
  • Kerstin Bernoth

    (German Institute for Economic Research)

  • Sara Dietz

    (Ludwig Maximilian University of Munich)

  • Rosa Lastra

    (Queen Mary University of London, Centre for Commercial Law Studies)

  • Atanas Pekanov

    (Austrian Institute of Economic Research)

Abstract

This paper considers the past, present, and future of the ECB monetary policy. Looking backwards, the ECB has succeeded in navigating through several crises. Looking forward, the paper examines some of the main challenges confronting the ECB in the years ahead with climate change, digitalisation, inequality, sovereign indebtedness, and the completion of Banking Union complicating the pursuit of the price stability primary objective.

Suggested Citation

  • Kerstin Bernoth & Sara Dietz & Rosa Lastra & Atanas Pekanov, 2024. "ECB Monetary Policy. Past, Present and Future," WIFO Studies, WIFO, number 71463, April.
    • Handle: RePEc:wfo:wstudy:71463
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