ECB Monthly Bulletin | June 2010

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 and Monetary Developments
  • The external environment of the euro area
  • Monetary and financial developments
  • Prices and costs
  • Output, demand and the labour market
  • Fiscal developments
  • Eurosystem staff macroeconomic projections for the euro area
  • Exchange rate and balance of payments developments
  • Boxes:
    •  Euro area money growth and the “Securities Markets Programme”
    • Liquidity conditions and monetary policy operations in the period from 10 February 2010 to 11 May 2010
      Developments in financial markets in early May
    • Agricultural commodities and euro area HICP food prices
    • Recent labour supply developments
    • Fiscal consolidations: past experience, costs and benefits
    • Gross government debt and government financial assets in the euro area
    • Technical assumptions about interest rates, exchange rates, commodity prices and fiscal policies
    • Forecasts by other institutions
    • Financial turmoil and euro area cross-border financial flows
• Euro Area Statistics
•  Annexes
  • Chronology of monetary policy measures of the Eurosystem
  • The TARGET (Trans-European Automated Real-time Gross settlement Express Transfer) system
  • Documents published by the European
  • Central Bank since 2009
  • Glossary