ECB Monthly Bulletin | October 2009

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
  • Exchange rate and balance of payments developments
  • Boxes:
    • Loans to the non-financial private sector over the business cycle in the euro area
    • The results of the first round of the “Survey on the access to finance of small and medium-sized enterprises in the euro area”
    • Recent trends in the HICP excluding food and energy
    • The effects of vehicle scrapping schemes across euro area countries
    • Links between output and unemployment in the euro area
• Articles
  • Monetary policy and loan supply in the euro area
  • Recent developments in the balance sheets of the Eurosystem, the Federal Reserve System and the Bank of Japan
  • Financial development in emerging economies – stock-taking and policy implications
• Euro Area Statistics
•  Annexes
  • Chronology of monetary policy measures of the Eurosystem
  • Documents published by the European Central Bank since 2008
  • Glossary

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