ECB Monthly Bulletin | May 2001

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:
    • Measurement issues related to the inclusion of negotiable
      instruments in euro area M3
    • Monetary policy operations and liquidity conditions in the
      reserve maintenance period ending on 23 April 2001
    • Recent unprocessed food price developments: the impact of BSE and foot-and-mouth disease
    • Developments in euro area manufacturing production and individual industries
• Framework and tools of monetary analysis
• The new capital adequacy regime – the ECB perspective
• Financing and financial investment of the non-financial sectors in the euro area
• Euro area statistics
• Chronology of monetary policy measures of the Eurosystem
• Documents published by the European Central Bank (ECB)