The frequency and extent of monetary policy actions taken by a central bank within a given period. – See code words, forward guidance, guidance, verbal, open-mouth policy, fuzziness, constructive. – Cf. ECB Monthly Bulletin of November 2006, pp. 73 et seq. (detailed presentation with overviews, unfortunately linguistically unattractive in parts), ECB Monthly Bulletin of February 2008, pp. 77 et seq. (hands-off principle).

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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/

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