{
  "title": "Euro Area Policies: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Member Countries",
  "publication": "IMF Staff Country Reports, July 19, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2018/07/18/euro-area-policies-2018-article-iv-consultation-press-release-staff-report-and-statement-by-46096",
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  "summary": "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.",
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      "heading": "Main assessment",
      "content": "- \"This is a time to strengthen the resilience of the euro area and raise its long-term growth potential.\"\n- \"Despite the recent slowdown and coming end of quantitative easing, growth remains strong and monetary conditions accommodative.\"\n- \"Mounting downside risks add urgency.\""
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      "heading": "Policy recommendations and guidance",
      "content": "- \"Member countries should grasp the opportunity to address deep structural challenges, rebuild thin policy buffers, and rebalance externally.\"\n- \"The supportive monetary stance should be maintained until inflation is convincingly converging to objective.\"\n- \"As net asset purchases draw to a close, clear forward guidance will become even more important.\""
    },
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      "heading": "Key subjects and focus areas",
      "content": "- Bank resolution framework\n- Banking\n- Capital markets\n- Financial crises\n- Financial markets\n- Inflation\n- Labor\n- Labor markets\n- Prices"
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      "content": "- authority\n- Bank resolution framework\n- Capital markets\n- core inflation\n- CR\n- EU institution\n- Euro area authorities\n- Europe\n- financial support\n- Global\n- headline inflation\n- IMF country team\n- Inflation\n- ISCR\n- Labor markets\n- single market\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 19, 2018",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484368954.002",
    "\"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.\"",
    "\"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.\"",
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