2  Coenen, G. (2003), “Zero lower bound: is it a problem in the euro area?”, ECB Working Paper Series No 269, September 2003. 3  See Evaluation of the ECB’s monetary policy strategy.
4  See Draghi, M. (2016), “Addressing the causes of low interest rates”, introductory speech held at a panel on “The future of financial markets: A changing view of Asia” at the Annual Meeting of the Asian Development Bank, Frankfurt am Main, 2 May 2016  2  BIS central bankers’ speeches  to the lower bound.