PRESS RELEASE

Publication of papers of the workshop "The role of policy rules in the conduct of monetary policy"

1 July 2002

On 11 and 12 March 2002 the Directorate Monetary Policy of the Directorate General Economics of the European Central Bank (ECB) held a workshop entitled "The role of policy rules in the conduct of monetary policy". The workshop was attended by experts from the 15 EU national central banks, the Federal Reserve System, the Bank of Japan, the Bank of Canada, the Reserve Bank of Australia, the Reserve Bank of New Zealand, the Swiss National Bank, Norges Bank and the Bank for International Settlements.

To contribute to the discussion on monetary policy rules, the papers which were presented and discussed at the workshop, are published today on the ECB's website.

The ECB also published an article entitled "Issues related to monetary policy rules" in the October 2001 issue of its Monthly Bulletin.

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