Today we took our latest monetary policy decisions:
🔵We raised interest rates by 0.5 percentage points, a further step in normalising our monetary policy
🔵We agreed on a new instrument to make sure that our policy smoothly reaches all of the euro area
https://www.ecb.europa.eu/press/pressconf/visual-mps/2022/html/mopo_statement_explained_july.en.html
Press release: The Transmission Protection Instrument https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220721~973e6e7273.en.html
See the combined monetary policy decisions and statement here https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds220721~de2b7f0639.en.pdf
President @Lagarde has just presented the Governing Council’s monetary policy statement.
Read the statement https://www.ecb.europa.eu/press/pressconf/2022/html/ecb.is220721~51ef267c68.en.html
Watch the ECB press conference live: President Christine @Lagarde explains today’s monetary policy decisions https://nitter.eu/i/broadcasts/1yoJMWZVQLnKQ
Coming up in 15 minutes: watch live as President Christine @Lagarde explains the latest monetary policy decisions.
We raised interest rates by 0.5%.
See our latest monetary policy decisions https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.mp220721~53e5bdd317.en.html
📌 Ahead of today’s decisions, don’t forget the new times!
🔵 14:15 CET – publication of our monetary policy decisions
🔵 14:45 CET – press conference with President Christine @Lagarde begins
🔵 15:00 CET – publication of our monetary policy statement
Euro area monthly balance of payments (May 2022) https://www.ecb.europa.eu/press/pr/stats/bop/2022/html/ecb.bp220720~70c8030bf9.en.html
What are instant payments?
They are a secure way of paying electronically that makes money available in the recipient’s account immediately. To make instant payments possible everywhere in Europe, we need common rules and standards.
Find out more https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/instant_payments.en.html
RT @ecb: We want our explainers to make central banking themes accessible to everyone. The simple …
We asked 153 banks in the euro area about changes in their lending behaviour and loan demand during the second quarter of 2022.
Find out the results https://www.ecb.europa.eu/stats/ecb_surveys/bank_lending_survey/html/index.en.html
ECB publishes indicative calendars for the Eurosystem’s regular tender operations and reserve maintenance periods in 2023 https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220718~d71242334a.en.html
🇪🇺🏳️🌈 We’re showing our rainbow colours and our #Pride at today’s #ChristopherStreetDay parade!
ECB colleagues joined thousands of people dancing through the streets of Frankfurt to celebrate the freedom to be your true self.
Our euro, our pride! 🌈
Queremos felicitar a nuestro Vicepresidente Luis de Guindos por haber recibido la Gran Cruz de la Orden de Carlos III por su servicio a España
We would like to congratulate our Vice-President Luis de Guindos on receiving the Grand Cross of the Order of Carlos III for his service to Spain
Distributed ledger technology, or DLT, is a database of transactions that records ownership of things like money or assets.
Why does this technology matter to central banks like the ECB? Read our explainer to find out more https://www.ecb.europa.eu/ecb/educational/explainers/tell-me-more/html/distributed_ledger_technology.en.html
RT @ecb: We want our explainers to make central banking themes accessible to everyone. The simple texts, videos…
We want our explainers to make central banking themes accessible to everyone. The simple texts, videos and infographics answer questions about topics such as monetary policy, price stability, payments and markets.
Check them out here https://www.ecb.europa.eu/ecb/educational/explainers/html/index.en.html
Working Paper: Stress tests and capital requirement disclosures - Do they impact banks’ lending and risk-taking decisions? https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2679~7200018f9b.en.pdf?a4af4d5958eebf1300afa32035b8fe84
Working Paper: DSGE Nash - Solving Nash games in macro models https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2678~d03bdde9c8.en.pdf?059d23e13fed137ad1650b4586958b58
Working Paper: Product quality, measured inflation and monetary policy https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2680~f8243a84cd.en.pdf?469cba55ce9ba86ff3705187b460fc0c
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