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In reference to activities undertaken by the central bank mainly to influence nominal interest rates, money supply and, eventually, price levels.

1 vote

ECB bond buying from national banks, what are the national banks expected to do?

This question is now very relevant, with the ECB committing to buy over 1 trillion Euros of bonds in 2020. My understanding is that the ECB buys open market bonds, thus pushing their value up. The goa …
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