Peter Praet: Deleveraging and monetary policy Speech by Peter Praet, Member of the Executive Board of the European Central Bank, at the Hyman P Minsky Conference, organised by the Levy Economics Institute and ECLA of Bard with support from the Ford Foundation, The German Marshall Fund of the United States, and Deutsche Bank AG, Berlin, 26 November 2012.
As a result, not only the public, but also the ECB and the entire Eurosystem have learnt a lot from the exchange with watcher groups in the context of the annual watcher conferences. Over the years, the topics discussed at these events have covered all issues that were and are still highly relevant for monetary policy in EMU.