The term used to describe the activities of a central bank in the marketplace in order to implement its monetary policy. The ECB follows the principle of non-intervention (hands-off) in market activity except for very few direct market interventions. – See activism, central bank policy, purchases, central bank, ECB sin, leadership, verbal, greenspeak, market intelligence, central bank, open-mouth policy, poltergeist, quantitative easing, southern front, fuzziness, constructive. – Cf. ECB Monthly Bulletin, February 2008, p. 77 (ECB relies mainly on this self-regulating market forces).
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/