ECB Monthly Bulletin | April 2008

Summary: 

The Monthly Bulletin was published from January 1999 to December 2014. The Monthly Bulletin was published one week after each monetary policy meeting of the ECB's Governing Council. It explained the monetary policy decision and provided a detailed analysis of the current economic situation and risks to price stability. 

Table of Contents: 

• Editorial
• Economic and Monetary Developments
  • The external environment of the euro area
  • Monetary and financial developments
  • Prices and costs
  • Output, demand and the labour market
  • Exchange rate and balance of payments developments
  • Boxes
    • Recent developments in bond market liquidity premia and implications for break-even inflation rates
    • Recent developments in euro area services price inflation
    • The 2008 update of the integrated policy guidelines of the Lisbon strategy
    • Developments in extra-euro area exports
• Articles
  • Business investment in the euro area and the role of firms’ financial positions
  • Short-term forecasts of economic activity in the euro area
  • Developments in the EU arrangements for financial stability
• Euro Area Statistics
•  Annexes
  • Chronology of monetary policy measures of the Eurosystem
  • The TARGET (Trans-European Automated Real-time Gross settlement Express Transfer) system
  • Documents published by the European Central Bank since 2007
  • Glossary

• Primary Source