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Les mesures de politique monétaire en zone euro, et leurs effets, depuis 2014

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Abstract

Face aux menaces pesant sur l’objectif de stabilité des prix, l’Eurosystème a initié, à partir de l’été 2014, une nouvelle phase d’accommodation monétaire sans précédent, marquée notamment par des achats massifs de titres et des taux directeurs négatifs. Ces mesures, par leurs effets sur les prix d’actifs et les anticipations, ont amélioré les conditions financières et contribué à soutenir les perspectives d’inflation et de croissance.

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  • ., 2016. "Les mesures de politique monétaire en zone euro, et leurs effets, depuis 2014," Bulletin de la Banque de France, Banque de France, issue 205, pages 5-24.
    • Handle: RePEc:bfr:bullbf:2016:205:01
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    More about this item

    Keywords

    politique monétaire; Eurosystème; APP;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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