Liquidity policy Before discussing liquidity management interventions, it is useful to recall that the ECB’s measures to provide support to money markets have been based on the fundamental principle of the separation between monetary policy decisions and their implementation.
In addition, unemployment rates for African Americans and Hispanics are now at or below rates seen before the recession, although they are still significantly above the rate for whites. Wages have continued to grow moderately, with a modest acceleration in some measures, although the extent of the pickup likely has been damped in part by the weak pace of productivity growth in recent years.