The focus on M3 is justified by its favourable empirical properties . Most empirical studies for the euro area support the view that there is a stable ( long run ) money demand relationship linking M3 to the price level and other macroeconomic variables .

The ECB 's monetary policy strategy provides a robust basis for accommodating such uncertainties .

However , all central banks face a large degree of uncertainty this is certainly not unique to the ECB .

Yemen, a Country Without a President and Government Global Voices

And uncertainty results in caution.

Given the resulting uncertainty, no one is in a mood to be creative.

At the same time , uncertainty is prevailing .

So, the question remains.

Sometimes, we have to stride forward, change direction, and embrace uncertainty.

Uncertainty reigned for a considerable time.

Given that the uncertainty

Here is the moment of strategic uncertainty.

Uncertainties abound in other advanced economies as well.

Even seasickness is a consequence of uncertainty.

Play is one of the only human endeavors where uncertainty is actually celebrated. Uncertainty is what makes play fun.

The scariest thing in life is uncertainty.

The two enemies were face to face.

But uncertainty is far better than knowing acquiescence.

Economic uncertainty is also dramatically affecting Brazilian politics.

CAMBRIDGE The world economy faces considerable uncertainty in the short term.

Chile s Uncertain Future

current account goods

The final source of uncertainty is the corporate sector.

Uncertainty Over Saman Naseem's Execution in Iran Global Voices

Economists vs. Economics

Given the parties ideological, organizational, and policy disarray, Japan will enter a period of profound uncertainty, ultimately leading to an unprecedented political shakeup.

Uncertainty exists over Saman Naseem's death after international pressure to prevent his execution.

The problem is not guns vs. butter, but guns vs. butter vs. taxes.

The main uncertainty with regard to the above outlook stems from the external environment .

Of course, future food production is subject to significant uncertainty.

Nobody likes uncertainty we all wish the experts knew exactly what will happen.

The outlook for the economy continues to be surrounded by uncertainty .

Drown out the voice of uncertainty with the sound of your own heartbeat.

At the same time , uncertainty is still prevailing .

The shop is just in front of the station.

Half hearted cutbacks that can't save money leave JAL's rehabilitation in doubt.

Safety margin against deflation Focus on the euro area as a whole

There is a bank in front of the station.

In front of the train station there's a bank.

There is a bench in front of the train station.

Tom kissed Mary on the forehead.

Tom kissed Mary on her forehead.

Is there a garden in front of the house?

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