Summary
An evaluation of the European Central Bank's 2015 annual report, focusing on the impact and risks of unconventional monetary policies like asset purchases and negative interest rates. 10 22.11.2016
Other
economy
finance
european union
monetary economics
public administration
Key points
- The report reviews the ECB's 2015 annual activities and its role in maintaining price stability.
- Unconventional measures like asset purchases were deemed consistent with the ECB's mandate to fight low inflation.
- There are concerns that negative interest rates could harm bank profitability and the financial security of savers and pension funds.
- The report warns about the potential for housing and asset bubbles due to ultra-low interest rates.
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.