Considerable progress has been made in reconciling the macro and micro evidence on the effects of monetary policy, @Isabel_Schnabel says at our Annual Research Conference. This helps us to better understand monetary policy transmission.

Read her speech https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220912~3d48b8f309.en.html

🐦🔗: https://nitter.eu/ecb/status/1569295358500675585