Changes in the short-term interest rate and the expected 10-year government bond yield are primarily explained by economic shocks other than the ECB’s monetary policy surprises Published on 28.10.2022 Monetary policy Lauri Vilmi Mika Kortelainen Jaakko Nelimarkka Read more in article: What is monetary policy normalisation? Share article Save image Original (PNG) JPG Add to download list Remove from download list