期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2016
出版社：European Central Bank
摘要：As I have had the opportunity to explain on several occasions, including before the European Parliament, monetary policy does not operate in a vacuum. The situation of central banks is better described as “independence in interdependence”, since other policies matter a great deal.1 They can buttress or dilute the effects of the ECB’s policy. They can slow down or speed up the return to stability. And they can determine whether stability is accompanied by prosperity, which is directly relevant to the social cohesion of the euro area.
