ECB Monetary Policy

ECB Monetary Policy Rates Charts Graph
ECB Monetary Policy Rates Charts Graph

CEIC Gallery/World Economy section - May 5, 2016 Summary Central banks and governments worldwide have responded decisively to the challenges posed by the global financial crisis' first signals in the summer of 2007. Since then the European Central Bank (ECB) have been taking aggressive monetary policy measures against the subsequent deterioration in economic, monetary and financial conditions in order to maintain price stability over the medium term. During that period the ECB imposed several interest rates cuts and initiated a quantitative easing programme, purchasing sovereign bonds and securities from European institutions and national agencies. The Public Sector Purchase Programme (PSPP), started in March 2015, is expected to funnel more than 1 trillion euros by September 2016 in attempt to boost the sagging Euro Area economy. The ECB Governing Council also made it clear that the programme is open-ended. Purchases will be conducted until the ECB sees “a sustained adjustment in the path of inflation which is consistent with the aim of achieving inflation rates below, but close to, 2 percent over the medium term”. In the charts below, we have listed some of the key indicators reflecting these events. Discuss this post and many other topics in our LinkedIn Group (you must be a LinkedIn member to participate). Request a Free Trial Subscription. Back to Blog

5th May 2016 ECB Monetary Policy

Explore our Data