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Published on Thursday, February 4, 2016 | Updated on Friday, February 5, 2016

Transmission of monetary policy in the euro zone, monitoring via a synthetic indicator

The transmission of monetary policy is a key element which the ECB monitors in order to assess how the monetary policies it has set in motion are being transferred to the real economy. The smooth functioning of this mechanism is a necessary condition for achieving the ECB's ultimate objective of price stability.

Documents to download

Report (PDF)

Monitor_transmision_PM_ESP Spanish February 4, 2016
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Report (PDF)

Monitor_transmision_MP_ENG English February 4, 2016
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Authors

María MartínezBBVA Research - Principal Economist
Juan Navarro

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Global
Europe

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