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Two-Pillar Strategy |
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Two-Pillar Strategy The approach the European Central Bank uses to analyze price stability. The first pillar is economic analysis, which examines movements in business, unemployment and so forth. The second pillar is monetary analysis, which considers the supply and demand for money. The ECB checks these pillars against each other for confirmation of trends; this in turn influences its decisions. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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