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.

Berthold Busch

Dr. Berthold Busch

Senior Economist for European Integration

Tel+49 221 4981-762

Mailbusch@iwkoeln.de

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Jürgen Matthes

Jürgen Matthes

Head of the Research Unit International Economics and Economic Outlook

Tel+49 221 4981-754

Mailmatthes@iwkoeln.de

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