ECB Monthly Bulletin | January 2002

Summary:

The Monthly Bulletin was published from January 1999 to December 2014. The Monthly Bulletin was published one week after each monetary policy meeting of the ECB's Governing Council. It explained the monetary policy decision and provided a detailed analysis of the current economic situation and risks to price stability.

Table of Contents:

• Editorial
• Economic developments in the euro area
  • Monetary and financial developments
  • Price developments
  • Output, demand and labour market developments
  • Exchange rate and balance of payments developments
• Boxes:
  • Developments in M3 and its counterparts
  • Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 December 2001
  • Euro cash changeover not expected to have a significant impact on consumer prices at the aggregate level
  • The Employment Guidelines for 2002
• Economic fundamentals and the exchange rate of the euro
• Euro banknote preparations: from cash changeover to post-launch activities
• Euro area statistics
• Chronology of monetary policy measures of the Eurosystem
• Documents published by the European Central Bank (ECB)