ECB’s Merch speaking at Bank Negara, Malaysia 24 July
Speech entitled “Central banking in times of technological progress”
Says Mersch:
The first important consideration for monetary policy relates not to any particular technology, but to the overall rate of technological progress. As the technological frontier shifts outwards, and that knowledge diffuses across the economy, overall productivity increases. That
Published in TZ Latest News 23 July, 2017 by The TZ Newswire Staff
ECB’s Mersch: As conditions normalise it’s unlikely that unconventional policies will remain necessary
Published in TZ Latest News 23 July, 2017 by The TZ Newswire Staff
ECB’s Mersch: As conditions normalise it’s unlikely that unconventional policies will remain necessary
ECB’s Merch speaking at Bank Negara, Malaysia 24 July
Speech entitled “Central banking in times of technological progress”
Says Mersch:
The first important consideration for monetary policy relates not to any particular technology, but to the overall rate of technological progress. As the technological frontier shifts outwards, and that knowledge diffuses across the economy, overall productivity increases. That