European Central Bank @ecb@respublicae.eu

Banks can make a key contribution to a more sustainable economy, says Supervisory Board Chair Claudia Buch.
At the
https://nitter.privacydev.net/umweltstiftung
event, she spoke to climate experts and reflected on how strong risk management and supervision can support climate policy
https://www.bankingsupervision.europa.eu/press/speeches/date/2024/html/ssm.sp240604~16186689b5.en.html

[2024-06-04 10:03 UTC]

Meet our
https://nitter.privacydev.net/search?q=%23YoungEconomistPrize
finalists!
They’ll get to present and discuss their research with top economists and policymakers at the
https://nitter.privacydev.net/search?q=%23ECBForum
on Central Banking from 1 to 3 July! There’s also a €10,000 prize for the winner.
Find out more
https://www.ecb.europa.eu/press/conferences/ecbforum/YE_competition/html/index.en.html

[2024-06-03 13:01 UTC]

Our Guide on outsourcing cloud services is now open for public consultation until 15 July 2024.
With banks relying increasingly on third-party cloud
computing services, the guide sets out our expectations on how they should manage the resulting risks
https://www.bankingsupervision.europa.eu/press/pr/date/2024/html/ssm.pr240603~e625aaca33.en.html

[2024-06-03 09:02 UTC]

https://nitter.privacydev.net/search?q=%23TheECBblog
offers fresh insights about the economy and central banking based on our data, analysis, and research. No time to read it? No problem! Now you can listen to it too. Check out our new audio feature here
https://soundcloud.com/ecbblog/

[2024-05-29 13:05 UTC]

We’ve recently started publishing Distributional Wealth Accounts, offering insights into wealth distribution and its changes over time.
Read our latest blog for more details on the new dataset and how it compares with other data on wealth distribution
https://data.ecb.europa.eu/blog/blog-posts/analysing-wealth-distribution-euro-area

[2024-05-29 10:00 UTC]

How did euro area bank lending and money supply evolve in April? How do they compare with March’s figures?
Find out more in the press release
https://www.ecb.europa.eu/press/stats/md/html/ecb.md2404~c2a526cbe3.en.html

[2024-05-29 08:01 UTC]

We are saddened to learn of the passing of former Bank of Greece Governor George Provopoulos. He guided the Greek central bank skilfully through tough times. We would like to express our deep condolences to his family and friends.

[2024-05-28 19:19 UTC]

To help keep banks safe in an evolving risk environment, the Supervisory Board has decided to update the Supervisory Review and Evaluation Process, says Chair Claudia Buch.
The changes aim at making the SREP more effective
https://www.bankingsupervision.europa.eu/press/blog/2024/html/ssm.blog240528~6f5a4f76c5.en.html

[2024-05-28 09:02 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.pr240528~ac912cf76d.en.html

[2024-05-28 08:01 UTC]

Asset purchases can be a powerful tool when financial markets are in turmoil, says Executive Board member
https://nitter.privacydev.net/Isabel_Schnabel
at the BoJ-IMES conference.
Outside these periods central banks need to carefully assess whether the benefits outweigh the costs
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240528~a4f151497d.en.html

[2024-05-28 06:00 UTC]

In a speech at the Institute of International and European Affairs (
https://nitter.privacydev.net/iiea
), Chief Economist Philip R. Lane examines inflation in the euro area and outlines the implications for monetary policy.
Read his speech
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240527~13d86a7d66.en.html

[2024-05-27 13:11 UTC]

Chief Economist Philip R. Lane talks to the
https://nitter.privacydev.net/FT
about the current economic outlook and monetary policy.
Read the interview
https://www.ecb.europa.eu/press/inter/date/2024/html/ecb.in240527~ffaddc865d.en.html

[2024-05-27 06:01 UTC]

We are committed to supporting the green transition within our mandate, Executive Board member Piero Cipollone says. But we cannot do it alone: stakeholders need to unite their efforts. In turn, we can benefit from them in the pursuit of our objectives
https://www.ecb.europa.eu/press/key/date/2024/html/ecb.sp240526~ef011def12.en.html
1/2

[2024-05-26 07:34 UTC]

Private markets are growing at a remarkable speed, offering an alternative source of funding that is often faster and more reliable.
But their opacity and strong growth may create financial stability risks.
Read more in our Financial Stability Review
https://www.ecb.europa.eu/press/financial-stability-publications/fsr/html/ecb.fsr202405~7f212449c8.en.html#toc35

[2024-05-25 08:00 UTC]

Negotiated wages have grown a lot, but the most recent data is dominated by one-off payments. The ECB wage tracker – for wage trends across the euro area - shows that after growth, wage pressures are moderating.
https://nitter.privacydev.net/search?q=%23TheECBBlog
takes a look at this tool
https://www.ecb.europa.eu/press/blog/date/2024/html/ecbblog20240523~1964e193b7.en.html

[2024-05-23 09:02 UTC]

Non-banks, such as investment firms and pension funds, are more exposed to geopolitical risk and among the first to feel its effects. Shocks could trigger significant outflows and affect financial stability.
Read more in our Financial Stability Review
https://www.ecb.europa.eu/press/financial-stability-publications/fsr/html/index.en.html

[2024-05-23 08:07 UTC]

When discussing our interest rate path after June, we have to see how the economic data evolves, Vice-President Luis de Guindos told OÖNachrichten.
There is a huge degree of uncertainty and we have made no decisions on the number of cuts this year
https://www.ecb.europa.eu/press/inter/date/2024/html/ecb.in240523~c03193bbfa.en.html

[2024-05-23 06:01 UTC]

RT by @ecb: The Governing Council met in Ireland for its annual retreat, which focused on topics and trends affecting monetary policy.

Thank you, Governor Makhlouf, and @centralbank_ie for your warm hospitality in beautiful Kilkenny – go raibh míle maith agaibh go léir!

[2024-05-22 12:02 UTC]

Why do central banks give their guidance for future monetary policy in qualitative terms rather than providing a numerical formula?
https://nitter.privacydev.net/search?q=%23TheECBBlog
explains the ECB’s qualitative reaction function.
https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240522~e3ec62dede.en.html

[2024-05-22 09:15 UTC]

How did the euro area current account balance evolve in March? How does it compare with the same month a year earlier?
Find out more in the press release
https://www.ecb.europa.eu/press/stats/bop/2024/html/ecb.bp240521~4feb01aaad.en.html

[2024-05-21 08:09 UTC]