Economics, Econometrics and Finance
8 years ago

Eurozone's Single Monetary Policy Revolutionizes Global Economy Stability.

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Wuhan University Journal
On the Single Monetary Policy in the Euro Area
Cai Ming-hua

Paper Summary

The European Central Bank manages the single monetary policy for the euro area to keep prices stable. This means all countries in the euro zone have given up their own control over money. The bank's strategies and actions are analyzed in this paper, looking at how they work and what issues still need to be addressed in the euro area.

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