European Central Bank

European Central Bank

The European Central Bank is committed to price stability. Its medium-term goal is to keep the inflation rate at just under two percent. The ECB controls the interest rate on the interbank market, i.e. the market on which banks trade with each other and with the ECB, primarily by setting the prime rate.

Markus Demary

Dr. Markus Demary

Senior Economist for Monetary Policy and the Economics of Financial Markets

Tel+49 221 4981-732


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