The stability-oriented monetary policy of the ECB

SPEECH - Luncheon speech by Christian Noyer, Vice-President of the European Central Bank, at the conference organised by HSBC CCF Securities, Paris, 6 September.

Ladies and Gentlemen,

I am very grateful for your invitation to speak today in Paris on the occasion of the forum organised by HSBC. As a contribution to today's discussion of strategies, I should like to explain the design of the monetary policy strategy of the ECB and how it helps the Governing Council of the ECB in its monetary policy

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