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Austrian National Bank: Monetary Policy Strategies Must Act
In his speech at the opening of this year's Economics Conference, Austria's National Bank - Governor Robert Holzmann shed light on the importance of a robust and resilient monetary policy in uncertain times. Given the recent financial market turmoil, he stressed that monetary policy strategies must not remain empty words and that the instruments must work.
Austria's National Bank - Governor Robert Holzmann shed light on the importance of a robust and resilient monetary policy in uncertain times. / Picture: © Wikimedia Commons / Bwag / CC BY-SA (https://creativecommons.org/licenses/by-sa/4.0)
Under the conference theme "Monetary policy in uncertain times: Towards robustness and resilience," experts discussed the challenges of monetary policy in an unstable environment at the 50th Economics Conference of the Austrian National Bank (OeNB) and the 60th SUERF Anniversary Conference. Governor Holzmann emphasized the need to provide clarity on the concepts of robustness and…
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