Central Banking

Speech by Dr Wellink, Nederlandsche Bank, 17 May

SPEECH - In a speech titled 'Monetary unions in Europe and the US - just how different are they?', given at the Institut International d'Etudes Bancaires, Amsterdam, Dr A.H.E.M. Wellink compares monetary policy in the euro area and in the US. He examines the policy goals of the two monetary unions, their organisation, and the monetary policy decision-making process in each system.

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Monetary unions in Europe and the US

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