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
RT Frank Elderson
Ready to kick off discussions in Sintra, Portugal at the #ECBForum on Central Banking!
I’m excited to meet and talk with central bankers, analysts, academics and other participants in person https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html https://t.co/v7Nw0IHQR5
🐦🔗: https://n.respublicae.eu/FrankElderson/status/1673597656290021376
🔵 Watch live: President Christine @Lagarde gives her introductory speech at the #ECBForum on Central Banking https://n.respublicae.eu/i/broadcasts/1kvJpmoXnLdxE
Follow live from 9:00 Portuguese time/10:00 CET as President Christine @Lagarde speaks at the #ECBForum in Sintra, Portugal https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html https://t.co/MZ8vB71neO
The shocks that drove up prices are still feeding through to the economy and making inflation more persistent, says President @Lagarde.
To break this, we must bring rates to sufficiently restrictive levels and keep them there for as long as needed https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230627~b8694e47c8.en.html https://t.co/vpNdiYgG3V
Lagarde: Inflation in the euro area is too high and is set to remain so for too long. But the nature of the challenge in the euro area is changing. Inflation is more persistent, caused by the fact that it is working its way through the economy in phases.
Lagarde: Faced with more persistent inflation, we need to:
◾️bring rates to sufficiently restrictive territory to lock in our policy tightening
◾️be clear that we will stay at those levels for as long as necessary to allow the full impact of our past actions to materialise.
Lagarde: Monetary policy currently has only one goal: to return inflation to our 2% medium-term target in a timely manner. And we are committed to reaching this goal come what may.
🔵 Watch live: the #ECBForum on Central Banking opens with a session on monetary policy in the face of multiple supply shocks with:
- Fabio Panetta
- Silvana Tenreyro
- Daniel Gros
Follow here https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html https://t.co/ANsz7CuQ16
🔵 Watch live: the #ECBForum continues with a session on assessing the costs of inflation with:
- @FrankElderson
- Francesco Lippi
- Sharon Kozicki
Follow here https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html https://t.co/duddCeJVhK
Volatile inflation and macroeconomic stabilisation are the focus of discussion at this year’s #ECBForum on Central Banking in Sintra, Portugal.
Check out the programme and watch live on our website https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html https://t.co/mgGHf7XdzC
🔵 Follow live from 20:00 Portuguese time/21:00 CET: @IMFNews First Deputy Managing Director @GitaGopinath’s dinner speech at this year’s #ECBForum on Central Banking in Sintra, Portugal https://www.ecb.europa.eu/pub/conferences/html/20230626_ecb_forum_on_central_banking.en.html https://t.co/fkn6oq2GYK
The euro area post-pandemic recovery has been buoyed by strong policy responses, aiding labour market resilience and demand. But it has also been hindered by supply constraints, the energy crisis and uncertainty due to the war in Ukraine. #EconomicBulletin https://www.ecb.europa.eu/pub/economic-bulletin/articles/2023/html/ecb.ebart202304_01~509fc9d72c.en.html https://t.co/yRB5Vltdnd
RT OeNB
Re In der heutigen Keynote Speech zum digitalen #Euro hebt Evelien Witlox (@ecb) hervor: "The digital Euro will be designed to be inclusive. As a public institution we strongly believe that everybody should be included."
#DigitalerEuro #Innovation
3/8 https://t.co/nCdAqnFJsP
🐦🔗: https://n.respublicae.eu/oenb/status/1673250502165798912
RT European Central Bank Research
🚨The ECB Forum on Central Banking is taking place in Sintra next week, so it’s also time again for the Young Economist Prize! We’ll post about all 10 finalists this week, but those of you who can’t wait to learn more about them, check the YEP website:
https://www.ecb.europa.eu/pub/conferences/ecbforum/YE_competition/html/index.en.html
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1670702247305441281
RT European Central Bank Research
#YoungEconomistPrize finalists: @florsa215 finds that without an appropriate fiscal framework to stabilise government debt, quantitative tightening has little impact on inflation. Read her paper for more details:
https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Florencia_Airaudo_Paper.pdf https://t.co/6dIiDpGcss
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1670740690362327041
RT European Central Bank Research
#YoungEconomistPrize finalists: Fernando Cirelli's research shows that inflation disproportionally harms the ability of low- and mid-wealth households to save money by lowering the real return on their assets. Find out more in his paper:
https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Fernando_Cirelli_Paper.pdf https://t.co/YIlLW7yE4l
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1670790058117349383
RT European Central Bank Research
#YoungEconomistPrize finalists: @Mridgyy studies whether inflation expectations respond to monetary policy. She finds that inflation targeting has no direct impact on short run inflation expectations but an indirect effect via inflation. Read more: https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Mridula_Duggal_Paper.pdf https://t.co/QjBKqvUy1B
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671102093422125059
RT European Central Bank Research
#YoungEconomistPrize finalists: @giulia_gitti analyses the post-Covid inflation in the US and finds that a decrease in unemployment raises inflation by three times more than before Covid. Check out her paper for more details https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Giulia_Gitti_Paper.pdf https://t.co/3GkI6OuvM8
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671137822437257216
RT European Central Bank Research
#YoungEconomistPrize finalists: @jptguerreiro finds that people express different levels of attention to the macroeconomy. This makes recessions more severe and changes how the economy responds to monetary and fiscal policies. More at: https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Joao_Guerreiro_Paper.pdf https://t.co/1Ik4mzp8Ee
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671546270668791808
RT European Central Bank Research
#YoungEconomistPrize finalists: @marko25mlikota looks at how price changes transmit through supply chains and drive sectoral prices. Shocks in sectors on top of supply chains (e.g. energy) take longer to affect aggregate prices. Find out more https://www.ecb.europa.eu/pub/conferences/ecbforum/shared/pdf/2023/EFCB_2023_Marko_Mlikota_Paper.pdf https://t.co/6hybuy7cIG
🐦🔗: https://n.respublicae.eu/ECB_Research/status/1671553564173533185
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
