Question
The main objective of Eurosystem monetary policy is to ensure price stability. In addition to price stability, it includes balanced economic growth and a highly
The main objective of Eurosystem monetary policy is to ensure price stability. In addition to price stability, it includes balanced economic growth and a highly competitive social market economy aimed at full employment and social progress, and a high level of environmental protection and improvement of environmental quality. The goal of price stability is achieved when the medium-term inflation rate of the Harmonized Index of Consumer Prices (HICP) for the euro area is 2%. Do you agree with this statement so if explain in short answer in your opinion why?
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