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
Strong governance is the true north that guides a sound bank and, thus, a sound banking system, says Supervisory Board member Elizabeth McCaul. A bank needs a board that can steer it through calm and stormy waters alike.
RT @ECB_Research: 📢Call for Papers: @ecb is organizing its sixth biennial conference on Fiscal Policy and EMU Governance, on 18-19 December 2023. Submit your work before 15 June to join the event in Frankfurt. See details below 👇https://www.ecb.europa.eu/pub/conferences/html/20231218_6th_fiscal_policy_conference_CALL.en.html
RT @FrankElderson: Do you know why climate change matters for the @ecb and what we are doing about it?
Check out our Kahoot! quiz to learn about how climate risks affect price stability and how we keep banks safe https://www.ecb.europa.eu/ecb/educational/test-your-knowledge/html/climate_change.en.html
Russia has been forced to adjust its international trading activities since invading Ukraine. Following sanctions and voluntary boycotts, the country has reoriented its global trade towards the east, away from Europe.
Read #TheECBblog for more https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog.230412~1d6e657dd5.en.html
We’ve recently become EDGE Move & EDGEplus certified, in recognition of our progress towards gender equality. We were assessed on four key aspects: representation, pay equity, effectiveness of policies, and the inclusiveness of the culture as reflected in employees’ experiences.
Chief Economist Philip R. Lane talks to @cnainenglish about the economic outlook, monetary policy and the resilience of the European banking system.
Read the full interview https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230406~cec3e0011a.en.html
A European anti-money laundering authority would eliminate regulatory fragmentation and improve supervision, writes Supervisory Board member Édouard Fernandez-Bollo. Harmonised rules across the EU would also help to streamline banks’ processes.
Speech Philip R. Lane: Monetary Policy and Inflation (presentation slides) https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp23405~3fdbcd33c5.en.pdf?35e34db09c429f4b6b9a7c0889dccd75
We need to identify and close gaps in the global supervision of crypto markets, says Supervisory Board member Elizabeth McCaul. We need better international coordination and stronger consolidated oversight.
Read the blog post https://www.bankingsupervision.europa.eu/press/blog/2023/html/ssm.blog230405~03fd3d664f.en.html
Chief Economist Philip R. Lane talks about monetary policy and inflation in his lecture at the University of Cyprus @UCYOfficial today.
Watch live from 16:00 CET https://ucy.cloud.panopto.eu/Panopto/Pages/Viewer.aspx?id=14a46f70-1511-44fd-8d7d-afd40089fa31
What do consumers in the euro area expect will happen to inflation, their incomes, their spending and the value of their homes 12 months from now? We’ve published the latest results of our Consumer Expectations Survey.
Press release https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230404~da4ee52ae2.en.html
ECB Banking Supervision is designed to be sufficiently rigorous and demanding, Supervisory Board member Anneli Tuominen tells Helsingin Sanomat. Euro area banks are in good shape, but we stand ready to take further supervisory action if necessary.
More https://www.bankingsupervision.europa.eu/press/interviews/date/2023/html/ssm.in230404~ff3fe1816e.en.html
Real estate investment funds are playing a growing role in commercial real estate markets. As a result, developments in both sectors are becoming increasingly interdependent.
What does this mean for financial stability?
Read our Macroprudential Bulletin https://www.ecb.europa.eu/pub/financial-stability/macroprudential-bulletin/html/ecb.mpbu202304_1~4a07638376.en.html
Companies’ rising profit margins could be contributing to persistent inflation, says Executive Board member Fabio Panetta in an interview with The New York Times.
Read the full article https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230401~ec65174af7.en.html
Financial stability is essential to the ECB’s primary objective of price stability, says Vice-President Luis de Guindos.
Recent events have highlighted the benefits of strong banking regulation and the importance of completing the banking union.
Read more https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230401~d66e5a2335.en.html
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates) https://www.ecb.europa.eu/press/govcdec/otherdec/2023/html/ecb.gc230331~1ad86981e1.en.html
RT @FrankElderson: It was a pleasure to welcome students from @UniLeiden to the @ecb earlier today.
We had a really interesting discussion about the current economic landscape, the future of banking and the climate and environmental crises.
RT @FrankElderson: Banks are making necessary progress in addressing climate and environmental risks. However, it should be noted that their environmental risk management capabilities are still insufficient.
I spoke about this and more at the Foreign Bankers’ Association https://www.bankingsupervision.europa.eu/press/speeches/date/2023/html/ssm.sp230327~32879ccd81.en.html
RT @FrankElderson: One thing is clear: inflation is too high and we have to bring it down. In my interview with @el_pais, I talked about our recent interest rate decisions and the outlook for the euro area economy https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230330~82d6ab8337.en.html
RT @FrankElderson: Good progress on the @ecb’s gender targets. We will continue our efforts for equality. We must further narrow the gender gap and foster a diverse work environment.
Learn more about our gender targets ⬇️
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
