Role of financial market in economic development
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The best contribution that monetary policy can make to the smooth functioning and integration of European financial markets and to economic growthis to maintain a steady medium-term price stability orientation.As a result, other factors such as credit risk can play a larger role in the price formation mechanism.
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The best contribution that monetary policy can make to the smooth functioning and integration of European financial markets and to economic growthis to maintain a steady medium-term price stability orientation.As a result, other factors such as credit risk can play a larger role in the price formation mechanism.
HOPE THIS HELPS YOU
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