DW Business November 1, 2019 10:35:00
Actually do use a little explain to bring up to speed. the e.c.b. manages monetary policy for the european union's 19 member states its most important job is to maintain price stability it also takes measures to promote growth it operates independently of politicians and has $2.00 main instruments at its disposal the 1st interest rates since 2016 they think hovering at 0 percent the purpose of these super low rates is to spur banks to lend to encourage business investment and spending the hope was that this in turn would bring inflation up to the e.c.b. his goal of just under 2 percent some ec...
Source: archive.org