The ECB needs to monitor the transmission of monetary policy through changes in the interest rates applied to the main refinancing operations of the ESCB , in order to understand better the structure and functioning of the price mechanism on monetary aggregates and in financial markets and to assess sectoral financial conditions .
EKP-l on vaja jälgida rahapoliitika toimimist EKPS põhiliste refinantseerimisoperatsioonide intressimäärades toimuvate muutuste kaudu , et saada paremini aru rahaagregaatide hinnamehhanismi struktuurist ja toimimisest ning hinnata sektori finantstingimusi .