The Eurosystem’s monetary policy and fiscal policies of Member States I should like to emphasise that the Eurosystem’s monetary policy strategy is geared towards the maintenance of price stability for the euro area as a whole. Before the establishment of Monetary Union, monetary policies in the countries that have now formed the euro area could, at least in principle, have reacted to country-specific developments.
Ben S Bernanke: The importance of financial education Welcoming remarks by Mr Ben S Bernanke, Chairman of the Board of Governors of the US Federal Reserve System, at the Greater Washington $ Coalition financial education event, Washington DC, 25 April 2007. *  *  *  Good morning.