The bubble economy can be divided into three phases: the formation phase of the bubble, the inflation phase of the bubble and the collapse phase of the bubble.
The European Central Bank is responsible for monetary policy in the 13 countries of the Eurozone and is one of the most important central banks in the world.
What is foreign exchange? In a narrow sense, foreign exchange originally refers to foreign currency. In a broad sense, it usually refers to the means of payment for international settlement expressed in foreign currency. Exchange rate is also called "foreign exchange market or exchange rate".