Aspects of the ECB’s monetary policy: State-of-play and future prospects

State of play: targets and instruments of the ECB’s policy – Inflation targeting 15 years on – The limits of unconventional negative rates – The ECB’s Quantitative Easing – Emergency Liquidity Assistance – Central bank independence revisited
Future prospects – The global monetary policy outlook and divergent policies – Towards an exit strategy for the ECB:  Is tapering on the cards in 2017?