Central banks choose their words carefully. And rightly so – policy makers’ wording can move markets and, eventually, the economy.
https://nitter.privacydev.net/search?q=%23TheECBBlog
shows how unexpected changes in communication influence growth and inflation.
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog240731~61a58b1e4a.en.html
[2024-07-31 09:01 UTC]
R to @ecb: Check out our dashboard for more details https://www.ecb.europa.eu/stats/financial_markets_and_interest_rates/bank_interest_rates/mfi_interest_rates/html/index.en.html
[2024-07-31 08:17 UTC]
How did euro area bank interest rates evolve in June? And how do they compare with May’s figures?
Find out more in the press release
https://www.ecb.europa.eu/press/stats/mfi/html/ecb.mir2408~e51c6b9889.en.html
[2024-07-31 08:17 UTC]
ECB and Eurosystem staff inflation projections are as accurate as, or slightly more accurate than real-time market-based forecasts.
This
https://nitter.privacydev.net/search?q=%23EconomicBulletin
looks at how our staff projections have performed since 2000
https://www.ecb.europa.eu/press/economic-bulletin/articles/2024/html/ecb.ebart202405_03~492166f5d2.en.html
[2024-07-31 08:02 UTC]
Chief Economist Philip R. Lane looks back on the ECB’s monetary policy over the past five years in an interview with
https://nitter.privacydev.net/JoeriSchasfoort
’s Money & Macro YouTube channel.
He also discusses the outlook for the economy and inflation.
Watch the interview
https://youtu.be/YPe-rC182iE?si=0vsEGSyBMBEHNQmn
[2024-07-30 13:26 UTC]
Household wealth is highly unevenly distributed in the euro area, the
https://nitter.privacydev.net/search?q=%23EconomicBulletin
finds, based on data from the Distributional Wealth Accounts.
However, inequality has declined since 2015 and remains significantly lower than in the United States
https://www.ecb.europa.eu/press/economic-bulletin/articles/2024/html/ecb.ebart202405_02~50a620f16b.en.html
[2024-07-30 08:01 UTC]
How is China’s growth model evolving?
Our latest
https://nitter.privacydev.net/search?q=%23EconomicBulletin
looks at the challenges ahead and the long-term growth prospects, finding that the country’s investment-led growth model is coming under increasing pressure.
Read more
https://www.ecb.europa.eu/press/economic-bulletin/articles/2024/html/ecb.ebart202405_01~a6318ef569.en.html
[2024-07-29 08:11 UTC]
We expect inflation to return to our two percent target by the end of 2025, Executive Board member
https://nitter.privacydev.net/Isabel_Schnabel
tells
https://nitter.privacydev.net/faznet
.
But we need to remain vigilant and continuously cross-check incoming data with the assumptions underlying our projections
https://www.ecb.europa.eu/press/inter/date/2024/html/ecb.in240726~6ba59429df.en.html
[2024-07-26 17:03 UTC]
The importance of cyber resilience in protecting our banking sector cannot be overstated, writes Supervisory Board member Anneli Tuominen in a blog post.
The results of our recent stress test will help us strengthen the way banks manage cyber risk.
https://www.bankingsupervision.europa.eu/press/blog/2024/html/ssm.blog240726~7bfb4e2267.en.html
[2024-07-26 10:19 UTC]
How would a bank recover from a successful cyberattack?
Our first cyber stress test shows that banks have response and recovery frameworks in place, but areas for improvement remain.
The results will inform banks’ annual health check for 2024
https://www.bankingsupervision.europa.eu/press/pr/date/2024/html/ssm.pr240726~06d5776a02.en.html
[2024-07-26 09:03 UTC]
What do consumers in the euro area expect will happen to inflation, their incomes, their spending and the value of their homes 12 months from now?
We’ve published the latest results of our Consumer Expectations Survey.
Press release
https://www.ecb.europa.eu/press/pr/date/2024/html/ecb.pr240726~2da9ec7bdf.en.html
[2024-07-26 08:02 UTC]
How did euro area bank lending and money supply evolve in June? How do they compare with May’s figures?
Find out more in the press release
https://www.ecb.europa.eu/press/stats/md/html/ecb.md2406~e168976b76.en.html
[2024-07-25 08:20 UTC]
Our mandate is to ensure that banks are safe and sound, Supervisory Board Vice-Chair
https://nitter.privacydev.net/FrankElderson
tells
https://nitter.privacydev.net/lemondefr
.
To do so, we need to make sure that banks manage all risks, whether related to cybersecurity, geopolitics, or climate and nature
https://www.bankingsupervision.europa.eu/press/interviews/date/2024/html/ssm.in240725~bfe6d5914f.en.html
[2024-07-25 07:01 UTC]
Evolving risks require supervisory reform, Supervisory Board Chair Claudia Buch tells
https://nitter.privacydev.net/nicolas_veron
.
Changes to banks’ annual health check – the SREP - will help keep supervisors on their toes.
Read the presentation
https://www.bankingsupervision.europa.eu/press/speeches/date/2024/html/ssm.sp240724~0470f410ba.en.pdf?2f290bd2b2e9833cd57ab30be706cf8b
[2024-07-24 13:03 UTC]
Coming up at 15:00 CET: Supervisory Board Chair Claudia Buch talks to
https://nitter.privacydev.net/nicolas_veron
as part of the Financial Statements series organised by
https://nitter.privacydev.net/PIIE
, the Peterson Institute for International Economics.
Follow live
https://www.youtube.com/playlist?list=PL_x8a0z7Y1m5XmoIVPoZHFIamDHVhxAUp
[2024-07-24 12:56 UTC]
Well-run banks mean safer banks, says Supervisory Board Vice-Chair
https://nitter.privacydev.net/FrankElderson
.
To help banks make further progress on governance, our guide on governance and risk culture outlines supervisory expectations and good practices.
Read the blog post
https://www.bankingsupervision.europa.eu/press/blog/2024/html/ssm.blog240724~a4e2c38688.en.html
[2024-07-24 09:19 UTC]
Shortcomings in internal governance and risk culture can lead to difficulties for banks.
Our draft guide, which is now open for public consultation, provides banks with a roadmap to better implement governance standards
https://www.bankingsupervision.europa.eu/press/pr/date/2024/html/ssm.pr240724~af95040adc.en.html
[2024-07-24 09:06 UTC]
Repo markets are vital for commercial and central banks: they source liquidity and securities, and they’re essential for monetary policy transmission.
How has the reduction of the Eurosystem’s balance sheet affected them? Read
https://nitter.privacydev.net/search?q=%23TheECBBlog
to find out.
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240723~d41a28a404.en.html
[2024-07-23 09:07 UTC]
Speech Philip R. Lane: Opening remarks at the Joint ECB-IMF-IMFER Conference 2024
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240723~1ea101a6db.en.html
Slides
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240723_annex~61f69b3dfe.en.pdf?261bc43020be6de952d7a16663aa690f
[2024-07-23 07:07 UTC]
We decided to keep interest rates unchanged because we will have more information in September, Vice-President Luis de Guindos tells
https://nitter.privacydev.net/europapress
.
It will be crucial to see that inflation is steadily converging towards 2% over the medium term
https://www.ecb.europa.eu//press/inter/date/2024/html/ecb.in240723~88edb51189.en.html
[2024-07-23 06:03 UTC]
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.