What happens when US and euro area monetary policy decouple?
5 March 2025By Stefan Gebauer, Georgios Georgiadis, Fédéric Holm-Hadulla and Thomas KostkaThe monetary policies of the ECB and the US Federal Reserve are not always in sync. But how does the Fed’s policy affect the euro area economy? This ECB Blog looks at how monetary policy in the United States travels across the Atlantic and what this means for the ECB.The global economy is interconnected. Central banks’ monetary policies therefore…

