ECB Monthly Bulletin | May 2000

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:
    • Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 April 2000
    • Recent trends in the volatility of stock price indices
    • The structure and development of value added in the euro area
• The information content of interest rates and their derivatives for monetary policy
• Developments in and structural features of the euro area labour markets
• Euro area statistics
• Chronology of monetary policy measures of the Eurosystem
• Documents published by the European Central Bank (ECB)