Euro Area Policies: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries
IMF Staff Country Reports, July 19, 2018
Source details
- Canonical URL
- Euro Area Policies: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries
Other formats
Bibliographic details
- Published: July 19, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484368954.002
Main assessment
- "This is a time to strengthen the resilience of the euro area and raise its long-term growth potential."
- "Despite the recent slowdown and coming end of quantitative easing, growth remains strong and monetary conditions accommodative."
- "Mounting downside risks add urgency."
Policy recommendations and guidance
- "Member countries should grasp the opportunity to address deep structural challenges, rebuild thin policy buffers, and rebalance externally."
- "The supportive monetary stance should be maintained until inflation is convincingly converging to objective."
- "As net asset purchases draw to a close, clear forward guidance will become even more important."
Key subjects and focus areas
- Bank resolution framework
- Banking
- Capital markets
- Financial crises
- Financial markets
- Inflation
- Labor
- Labor markets
- Prices
Keywords (as provided)
- authority
- Bank resolution framework
- Capital markets
- core inflation
- CR
- EU institution
- Euro area authorities
- Europe
- financial support
- Global
- headline inflation
- IMF country team
- Inflation
- ISCR
- Labor markets
- single market
Content in this bundle
- Country Report