🧵 During the pandemic, fewer older people worked in the euro area, but the outbreak didn’t strongly affect their retirement decisions. Only around 175,000 retired earlier than planned https://www.ecb.europa.eu/pub/economic-bulletin/focus/2022/html/ecb.ebbox202206_02~67d6677c0e.en.html #EconomicBulletin
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Euro area monthly balance of payments (July 2022) https://www.ecb.europa.eu/press/pr/stats/bop/2022/html/ecb.bp220920~c6a6760dcb.en.html
Occasional Paper: Enhancing private and public risk sharing https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op306~c71abf2194.en.pdf?a29025a9f5cc35e898d403d12ab990db
Mortgage rates have a big impact on housing market dynamics. A 1-percentage point increase in mortgage rates could lead to house prices declining by around 5% over roughly two years. The impact is even larger in a low interest rate environment
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🧵 Mortgage rates in the euro area have risen significantly since the beginning of 2022, after historical lows in 2021. Housing investment has also recovered quickly following the slump triggered by the pandemic https://www.ecb.europa.eu/pub/economic-bulletin/focus/2022/html/ecb.ebbox202206_04~786da4a23a.en.html #EconomicBulletin
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How will we make our purchases greener? And how does this help the transition towards a greener economy? See our explainer about what decarbonising our corporate bond holdings means and how it contributes to the green transition. https://www.ecb.europa.eu/ecb/educational/explainers/html/decarbonising_corporate_bond_holdings.en.html
RT @ecb: We aim to decarbonise our corporate bond holdings, a key step in our climate action plan. This will…
If you are interested in the technical details, have a look at the FAQs on our website https://www.ecb.europa.eu/mopo/implement/app/html/ecb.cspp_climate_change-faq.en.html
We aim to decarbonise our corporate bond holdings, a key step in our climate action plan. This will support the green transition, and will incentivise companies to become more transparent and to reduce their carbon footprint.
Press release https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220919~fae53c59bd.en.html
Over the next several meetings, we are still in a phase of bringing interest rates up to what one could call a more normal level, a level that is more normally associated with a stable economy, Philip R. Lane tells @robertshortt of @rtenews https://www.rte.ie/news/business/2022/0917/1323980-ecb-rates-philip-lane/
Speech Philip R. Lane: Cantillon lecture (slides) https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220917~4196f4daa8.en.pdf?01303d7eb7b4b90c907600b9cea966c2
Letter from the ECB President to Mr Rasmus Andresen and Mr Ernest Urtasun, MEPs, on monetary policy (2) https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_andresen_urtasun~bc3e7ce2f4.en.pdf
Letter from the ECB President to Mr Rasmus Andresen and Mr Ernest Urtasun, MEPs, on monetary policy (1) https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_andresen_urtasun_1~31a81d107b.en.pdf
Letter from the ECB President to Mr Rasmus Andresen and Mr Ernest Urtasun, MEPs, on climate change https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_andresen_urtasun_2~1a352d74d2.en.pdf
Letter from the ECB President to Mr Johan Van Overtveldt, MEP, on monetary policy https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_overtveldt~3103d621be.en.pdf
Letter from the ECB President to Mr Jean-Lin Lacapelle, MEP, on monetary policy https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_lacapelle~12beafeb50.en.pdf (EN) https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_lacapelle~12beafeb50.fr.pdf (FR)
Letter from the ECB President to Mr Engin Eroglu, MEP, on climate change https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_eroglu~950206f531.en.pdf (EN) https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter220916_eroglu~950206f531.de.pdf (DE)
Working Paper: Evaluating market risk from leveraged derivative exposures https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2722~1e50e187df.en.pdf
RT @FrankElderson: 🧵Onlangs had ik een gesprek met Jeroen Broekema @JeroenWilliam van Leaders In Finance @LIF_Podcast. Wij spraken over wat de @ecb doet en over mijn rol daarin.
De podcast hiervan is nu beschikbaar https://www.leadersinfinance.nl/frank-elderson/
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We need to continue normalising our monetary policy, Vice-President Luis de Guindos tells @expresso. We are fully committed to reducing inflation in line with our 2% target and we should avoid second-round effects.
Read the full interview https://www.ecb.europa.eu/press/inter/date/2022/html/ecb.in220916~4057cc86cb.en.html
Working Paper: How to release capital requirements during a pandemic? Evidence from euro area banks https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2720~e6f3686548.en.pdf?2982e984581f593be8f316d8ee31474e
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