DE Phrasen mit zero-interest-rate EN Übersetzungen
Like other central banks, the ECB has one main instrument to fight inflation, which is the short-term interest rate. Like other central banks, the ECB has one main instrument to fight inflation, which is the short-term interest rate.
During a financial crisis, a central bank can reduce the key interest rate towards the lower nominal bound, and thereby make a contribution to financial stability. During a financial crisis, a central bank can reduce the key interest rate towards the lower nominal bound, and thereby make a contribution to financial stability.
Non-standard monetary policy measures taken by the ECB are temporary in nature and complementary, rather than supplementary, to its interest rate instrument. Non-standard monetary policy measures taken by the ECB are temporary in nature and complementary, rather than supplementary, to its interest rate instrument.