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In a video with animations, SNB economist Linda Kirschner explains how the implementation of monetary policy has worked since the 2007/2008 financial crisis.
The Mopos web-based simulation clearly illustrates how monetary policy is conducted, with the aim of ensuring price stability while taking due account of economic developments.
The advanced text explains in detail the basic mechanism of today’s monetary policy, the underlying decision-making process and current unconventional monetary policy.
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