The effective APR reflects the cost of interest and certain other finance charges imposed during the statement period. As an example, a cash advance carries an effective APR that reflects both interest assessed on the balance in the billing period and any fee charged by the creditor for the cash advance.
Indeed, in the statute of the recently established European Central Bank price stability is clearly stated as the primary objective of the bank, and it is made clear that support of the general economic policies in the Community is only a secondary objective. In the USA, price stability enters the objectives for monetary policy, which most other OECD-countries are using inflation targeting strategies. 2.