European Central Bank @ecb@respublicae.eu
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
Lagarde: We are determined to ensure the timely return of inflation to our 2% target. The current elevated level of uncertainty reinforces the importance of keeping a data-dependent approach in our monetary policy decision-making.
Lagarde: Inflation has come down from its peak in October, owing to a sharp drop in energy prices, and stood at 8.5% in February. Inflation excluding energy and food has continued to increase, reaching 5.6% in February.
Lagarde: The euro area banking sector is resilient, with strong capital and liquidity positions.
The ECB’s policy toolkit is fully equipped to provide liquidity support to the euro area financial system if needed and to preserve the smooth transmission of monetary policy.
Lagarde: I welcome the swift action taken by the Swiss authorities, which were instrumental for restoring orderly market conditions.
We’re monitoring market developments closely and stand ready to respond as necessary to preserve euro area price and financial stability.
Live now: President @Lagarde speaks before the Committee on Economic and Monetary Affairs of the @europarl_en and answers questions from its members.
Follow here https://multimedia.europarl.europa.eu/en/webstreaming/committee-on-economic-and-monetary-affairs_20230320-1500-COMMITTEE-ECON @EP_Economics
Tune in at 15:00 CET to watch President Christine @Lagarde speak before the Economic and Monetary Affairs Committee of the @europarl_en and answer questions from its members.
Follow the webcast here https://multimedia.europarl.europa.eu/en/webstreaming/committee-on-economic-and-monetary-affairs_20230320-1500-COMMITTEE-ECON @EP_Economics
Press release: ECB Banking Supervision, SRB and EBA statement on the announcement on 19 March 2023 by Swiss authorities https://www.bankingsupervision.europa.eu/press/pr/date/2023/html/ssm.pr230320~9f0ae34dc5.en.html
Press release: Coordinated central bank action to enhance the provision of US dollar liquidity https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230319~744758829c.en.html
Statement by ECB President Christine Lagarde https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230319~744758829c.en.html
Letter from the ECB President to Ms Henrike Hahn, Mr Ernest Urtasun and Mr Rasmus Andresen, MEPs, on climate change https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter230317-hahn-urtasun-andresen~6f364aa990.en.pdf?9a0ec4a3abd690cb54fba0048fd0d9d2
Letter from the ECB President to Ms Clara Ponsatí Obiols, Mr Carles Puigdemont i Casamajó and Mr Antoni Comín i Oliveres, MEPs, on monetary policy https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter230317-ponsati-puidgemont-comin~e65b211185.en.pdf
RT @ECB_Research: Call for papers: The Emerging Markets Group (EMG), @BayesBSchool, @CityUniLondon and @ecb are organizing “The Open Economy of Climate Change” workshop on 15 September. Check out the details below 👇& submit your work before 1 June❗️https://www.ecb.europa.eu/pub/conferences/html/20230915-emerging-markets-open-economy-climate-change-call.en.html
Transcript with Q&A of yesterday’s monetary policy press conference https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230316~6c10b087b5.en.html
Watch again: President Christine @Lagarde on how we are addressing both price stability and financial stability.
The episode is now also available on podlink https://pod.link/1481819425/episode/905d079037e626fdc16dd8ca1a434b2c
We’ve just taken our latest monetary policy decisions, determining what’s needed to achieve stable prices in the euro area.
Tune in to #TheECBPodcast to hear President Christine @Lagarde present the decisions in our press conference https://soundcloud.com/europeancentralbank/president-lagarde-presents-the-latest-monetary-policy-decisions-16-march-2023
Today we took these monetary policy decisions:
🔵We raised interest rates, by 0.5 percentage points
🔵Our future decisions will depend on how we see inflation developing and how well our past rate hikes tame inflation
ECB staff macroeconomic projections for the euro area (March 2023) https://www.ecb.europa.eu/pub/projections/html/ecb.projections202303_ecbstaff~77c0227058.en.html
RT @ecb: President Christine @Lagarde introduces the economic growth outlook for the euro area
@Lagarde See the combined monetary policy decisions and statement here https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds230316~34822c9f1d.en.pdf
President @Lagarde has just presented the Governing Council’s monetary policy statement.
Read the statement https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230316~6c10b087b5.en.html
Unofficial automated mirror. No copyright asserted. ∎ The European Central Bank is the central bank for Europe's single currency, the euro. Its main task is to maintain the euro's purchasing power.
Joined Apr 2022
