European Central Bank's Unconventional Policy Boosts Economy, Inspires Global Monetary Strategies.
Central banks, like the European Central Bank, used unconventional methods during the financial crisis to boost the economy. The ECB's asset purchase program from 2014 to 2018 aimed to improve the financial market and stimulate economic growth. Research shows that this program had positive effects, and other countries, like Poland, could learn from the ECB's experience in conducting monetary policy.