Since the beginning of the Corona pandemic, central banks around the world have stepped up their expansionary monetary policy. This also applies to the euro area, where key interest rates already approached the zero line during the 2008/2009 financial crisis and the deposit facility has been in negative territory since mid-2014. In addition, for some years now the ECB has increasingly relied on unconventional measures such as asset purchases or the instrument of "forward guidance" - instruments to which it has also increasingly resorted since the outbreak of the pandemic.
Side effects of monetary policy (Nebeneffekte der Geldpolitik)
The event will be held in German.
June 9, 2021
2:00 to 3:15 pm
Speakers and panelists:
Prof. Moritz Schularick
Prof. Volker Wieland
Prof. Dr. Dr. h.c. mult. Otmar Issing
Dr. Christian Ossig
More information and registration here