How do the monetary policy tools of the European System of Central Banks compare to the monetary

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How do the monetary policy tools of the European System of Central Banks compare to the monetary policy tools of the Fed? Does the ECB have a discount lending facility? Does the ECB pay banks interest on their deposits?

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Financial Markets And Institution

ISBN: 9781292459547

10th Global Edition

Authors: Frederic Mishkin, Stanley Eakins

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