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Price stability
Автор: Museum of the National Bank of Belgium
Загружено: 6 янв. 2023 г.
Просмотров: 398 просмотров
Описание:
Ensuring price stability is the main objective of the Eurosystem and also of the National Bank of Belgium.
This is because when prices increase too much, your purchasing power reduces.
In other words, the value of your euros reduces!
Along with your confidence in the euro.
And none of that is good for our economy!
But it’s worth noting that stable prices don’t equate to no increase at all.
To encourage steady growth of the economy, the objective is to keep price rises around 2% over the medium term.
And the objective is the same across the whole eurozone, of course!
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