Explore detailed insights on:
1⃣the implications for the euro and the US dollar of Russia’s war in Ukraine
2⃣the use of the euro as a financing currency across different sectors
3⃣the euro’s role in the global market for stablecoins
Read the report https://www.ecb.europa.eu/pub/ire/html/ecb.ire202206~6f3ddeab26.en.html
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Looking ahead, the international role of the euro will be primarily supported by a deeper and more complete Economic and Monetary Union. This includes advancing the Capital Markets Union
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🧵The international role of the euro is broadly stable and the euro remains the second most used currency globally. These are the main findings from our 2021 annual review.
Press release https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220614~97ed81761f.en.html
Full report https://www.ecb.europa.eu/pub/ire/html/ecb.ire202206~6f3ddeab26.en.html
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RT @suerf_org: Join us! 🗓️ 14 June 2022:"The International Role of the #euro: Tectonic Shifts in the Global Financial System?
Key findings of the latest @ecb Report presented by Isabel Vansteenkiste & Arnaud Mehl - Discussants: Barry Eichengreen & Robert N. McCauley
➡️ https://www.suerf.org/webinars/2807/the-international-role-of-the-euro-tectonic-shifts-in-the-global-financial-system
Supervisory Board Chair Andrea Enria welcomed a group of students from @LBS to our premises in Frankfurt yesterday.
It was a great occasion to meet and exchange views with young academics.
Do you have questions on inflation, climate change, the euro or any other topics? Head over to our Instagram and send us your question. Next week, Executive Board member @FrankElderson will answer some of your questions there! https://www.instagram.com/reel/CevbezXjHoQ/?igshid=YmMyMTA2M2Y=
Our latest Macroprudential Bulletin is out!
This issue looks at the role of regulatory stress tests in policymaking, over a decade after they became widely used in response to the global financial crisis.
Here’s a preview of what’s inside. Read more https://www.ecb.europa.eu/pub/financial-stability/macroprudential-bulletin/html/index.en.html
Opinion on the establishment and functioning of the European Single Access Point (ESAP) https://www.ecb.europa.eu/pub/pdf/other/en_con_2022_20_f_sign~2eee540abb.en.pdf?5b883b91abb9d6a393e7f07257f656e7
The ECB Survey of Monetary Analysts - Aggregated Results (June 2022) https://www.ecb.europa.eu/stats/ecb_surveys/sma/shared/pdf/ecb.smar220613_june.en.pdf?3839798e2a5675c37266a313b84c054e
Elderson: Banks are well advised to identify harmful behavioural patterns and act upon them. As supervisors we can ask the right questions and challenge a bank to look further than governance in the stricter, more standard sense
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Elderson: A bank can have all the risk controls in place, the most advanced tools to manage risks, and rely on data of the highest quality, but if its internal culture is weak, it can still suffer severe reputational and other damage
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The behaviour and culture within a bank influence its decision-making, says Supervisory Board Vice-Chair @FrankElderson at @EUI_FBF_School. These aspects are important parts of a bank’s governance https://www.bankingsupervision.europa.eu/press/speeches/date/2022/html/ssm.sp220611~fa99fcbb52.en.html
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Publication: TARGET Annual Report 2021 https://www.ecb.europa.eu/pub/targetar/html/ecb.targetar2021.en.html
Transcript with Q&A of yesterday’s monetary policy press conference https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is220609~abe7c95b19.en.html
RT @Lagarde: We are committed to take all the necessary steps to bring inflation back to our 2% target.
I was happy to speak to Dutch media in Amsterdam following today's monetary policy decisions. Watch tonight on @NOS @RTLnieuws @Nieuwsuur
Watch again: President @Lagarde on upcoming interest rate hikes.
Read more about what we decided today https://www.ecb.europa.eu/press/pressconf/visual-mps/2022/html/mopo_statement_explained_june.en.html
Présidente @Lagarde sur les raisons du relèvement des taux d’intérêt.
Regardez l’intégralité de la conférence de presse ici https://www.youtube.com/watch?v=d_utpAxGMYo
Präsidentin @Lagarde dazu, warum wir die Zinsen erhöhen wollen.
Pressekonferenz ansehen https://www.youtube.com/watch?v=d_utpAxGMYo
President @Lagarde over waarom we de rente gaan verhogen.
Bekijk de volledige persconferentie hier https://www.youtube.com/watch?v=d_utpAxGMYo
La Presidente @Lagarde su perché intendiamo aumentare i tassi di interesse.
Guarda qui la versione integrale della conferenza stampa https://www.youtube.com/watch?v=d_utpAxGMYo
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