ECB Objectives and Tasks

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Report Format: PDF
Date Published: April 1, 2008
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This research report from Deutsche Bank, adapted from a briefing paper prepared for the European Parliament's Committee on Economic and Monetary Affairs, examines the perceived conflict between different European Central Bank (ECB) roles and responsibilities. The report rules out a conflict between the objective of price stability and the lender-of-last-resort function because the ECB is not mandated to perform the role of a lender of last resort in the strict sense of the word.

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