European Central Bank @ecb@respublicae.eu

Supervisory banking statistics (Q3 2023)
https://www.bankingsupervision.europa.eu/press/pr/date/2024/html/ssm.pr240112~7843aa75fa.en.html

🐦🔗: https://nitter.cz/ecb/status/1745734599274098982#m

[2024-01-12 09:08 UTC]

Since the end of 2021 net interest income of people has increased in the euro area, while that of firms has declined.
This
https://nitter.cz/search?q=%23EconomicBulletin
analyses how rising policy rates have affected net interest income in the euro area and in its biggest countries.
https://www.ecb.europa.eu/pub/economic-bulletin/focus/2024/html/ecb.ebbox202308_07~61bd1e11a8.en.html

🐦🔗: https://nitter.cz/ecb/status/1745385059194941524#m

[2024-01-11 10:00 UTC]

Economic Bulletin box: Liquidity conditions and monetary policy operations from 2 August to 31 October 2023
https://www.ecb.europa.eu/pub/economic-bulletin/focus/2024/html/ecb.ebbox202308_06~e3ce5dd845.en.html

🐦🔗: https://nitter.cz/ecb/status/1745388833435480369#m

[2024-01-11 10:15 UTC]

The latest Economic Bulletin is out!
The Bulletin presents the economic and monetary information which forms the basis for our policy decisions.
Read more
https://www.ecb.europa.eu/pub/economic-bulletin/html/eb202308.en.html#toc9

🐦🔗: https://nitter.cz/ecb/status/1745371654270673152#m

[2024-01-11 09:06 UTC]

While the US Treasury securities market is the largest in the world, its liquidity has declined recently due to inflation and growth uncertainty, and monetary policy tightening.
Our
https://nitter.cz/search?q=%23EconomicBulletin
explores the impact on global bond markets.
Read more
https://www.ecb.europa.eu/pub/economic-bulletin/focus/2024/html/ecb.ebbox202308_01~352236489b.en.html

🐦🔗: https://nitter.cz/ecb/status/1745373733618061701#m

[2024-01-11 09:15 UTC]

Different output gap estimates may help signal inflationary pressures in times of large temporary supply shocks.
Our latest
https://nitter.cz/search?q=%23EconomicBulletin
explores how temporary supply shocks can affect our understanding of the output gap.
https://www.ecb.europa.eu/pub/economic-bulletin/focus/2024/html/ecb.ebbox202308_03~e5952e835e.en.html

🐦🔗: https://nitter.cz/ecb/status/1745377510920188106#m

[2024-01-11 09:30 UTC]

Growing household income, as measured in national accounts, does not always mean a higher liquid income.
This may lead to a deviation between consumers’ real income perceptions and real income as recorded in national accounts.
Read the
https://nitter.cz/search?q=%23EconomicBulletin
https://www.ecb.europa.eu/pub/economic-bulletin/focus/2024/html/ecb.ebbox202308_05~68f551afd4.en.html

🐦🔗: https://nitter.cz/ecb/status/1745381283675705718#m

[2024-01-11 09:45 UTC]

The economy changes, technology changes, habits change, Executive Board Member Piero Cipollone told
https://nitter.cz/euronews
. The Eurosystem is preparing for this by thinking about complementing physical banknotes with their digital equivalent: a digital euro.
<p>
https://nitter.cz/ecfin/status/1745102416247247184#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745143198261862675#m

[2024-01-10 17:58 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: In 2023 credit standards tightened significantly and loan growth fell sharply. This shows that our monetary policy is transmitted to the economy. Loan growth is expected to gradually recover as of 2024.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/investbankinglg/status/1743274702825459934#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745097728030314871#m

[2024-01-10 14:58 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: Estimates of the neutral rate are inherently uncertain. The need for higher private and public investments due to the green transition as well as digitalisation and geopolitical shifts may lead to the neutral rate being higher than before the pandemic.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/euriboar/status/1743274744177180815#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745098249348821448#m

[2024-01-10 15:00 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: Our reaction function is determined by our single mandate of price stability. Our inflation target is symmetric and our medium-term
perspective allows us to also tackle supply shocks without unnecessarily causing unemployment.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/per_basis_point/status/1745086105026748902#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745099244623589711#m

[2024-01-10 15:04 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: Estimates of r* are subject to very large confidence bands. Therefore, they provide limited guidance for monetary policy in real time. So we also need to look at incoming data to see how restrictive our policy is.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/pietphc/status/1745075540741030166#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745099796245889288#m

[2024-01-10 15:06 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: According to our projections, inflation will approach 2% in 2025. Our monetary policy works with a lag. If we raised rates too strongly, this could lead to an undershooting of medium-term inflation and an unnecessarily strong slowdown of the economy.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/RalevVladimir/status/1743276026656895208#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745100133597851989#m

[2024-01-10 15:07 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: We aim to conclude our operational framework review this spring.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/SzonyiD/status/1745090131726348364#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745100866367930547#m

[2024-01-10 15:10 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: Government bond purchases are a tool to protect policy transmission, or to stimulate demand when our policy rates reach their effective lower bound and inflation is below target. Side effects like fiscal dominance or moral hazard need to be monitored.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/AlejandroFarne6/status/1743285838409273474#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745101331453390920#m

[2024-01-10 15:12 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: It is too early to discuss rate cuts. We will keep our key policy rates at restrictive levels until we are confident that inflation sustainably returns to our 2% target. This requires additional data confirming the disinflationary process.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/AlleundKeinen/status/1743276347365978591#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745102277030072400#m

[2024-01-10 15:16 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: The increase in real yields after the pandemic may partly reflect changes in the short-term natural rate of interest. But the post-pandemic economic environment has also complicated the measurement of that rate.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/MAmdorsky/status/1745084191711035705#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745102766647771291#m

[2024-01-10 15:18 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: Most of the money in the euro area is private money, such as bank deposits. Currently, public money is only available in the form of cash. Of about €10 trillion in readily available money (M1), banknotes constitute some 15%.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/cepulje/status/1743289147886838199#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745103300897214938#m

[2024-01-10 15:20 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: Our mandate is to preserve price stability. For that we need to see inflation returning sustainably to our 2% target. We expect inflation to reach 2% in 2025 and project that we can achieve this without causing a deep or prolonged recession.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/MF_Camillus/status/1743293127606104460#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745104432403018220#m

[2024-01-10 15:24 UTC]

🇪🇺
https://nitter.cz/Isabel_Schnabel
: We should intensify efforts to green our lending operations, including the collateral framework. First steps are already being taken. Green targeted lending operations could be considered when monetary policy needs to become expansionary again.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/lfzenp/status/1745085979839406203#m
</p>

🐦🔗: https://nitter.cz/ecb/status/1745105173377097949#m

[2024-01-10 15:27 UTC]