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
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/20230727monetarypolicystatement
Re The episode is now also available on podlink https://pod.link/ecbpodcast/episode/7122f6636e399e6534a957fa0229d5cb
Our resolve to bring inflation down is very strong, said President Christine @Lagarde after raising interest rates by 0.25 percentage points today.
Watch the press conference https://youtu.be/-HMXeiixuKM
Wir sind fest entschlossen, die Inflation zu senken, so Präsidentin Christine @Lagarde nach der heutigen Anhebung der Leitzinsen um 0,25 Prozentpunkte.
Pressekonferenz ansehen https://youtu.be/-HMXeiixuKM
Notre détermination à faire baisser l’inflation est sans faille, a déclaré la présidente Christine @Lagarde après la hausse des taux d’intérêt de 0,25 point de pourcentage décidée aujourd’hui.
Regarder la conférence de presse https://youtu.be/-HMXeiixuKM
Nuestra determinación de reducir la inflación es muy fuerte, ha declarado la presidenta Christine @Lagarde tras aumentar hoy los tipos de interés en 0,25 puntos porcentuales.
Vea la rueda de prensa completa aquí https://youtu.be/-HMXeiixuKM
La nostra determinazione a far diminuire l’inflazione è molto forte, ha dichiarato oggi la Presidente Christine @Lagarde dopo aver aumentato i tassi di interesse di 0,25 punti percentuali.
Guarda la conferenza stampa https://youtu.be/-HMXeiixuKM
Ons voornemen om de inflatie naar beneden te brengen is bijzonder sterk, zei president Christine @Lagarde nadat de rente vandaag met 0,25 procentpunt was verhoogd.
Bekijk de persconferentie https://youtu.be/-HMXeiixuKM
Watch again: President @Lagarde on our fight against inflation
Transcript with Q&A of yesterday’s monetary policy press conference https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230727~e0a11feb2e.en.html
Results of the ECB Survey of Professional Forecasters for the third quarter of 2023 https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230728~7b55f6ebd0.en.html
The #EconomicBulletin reviews findings from our recent exchanges with non-financial companies.
Price growth continued to slow in recent months, with activity falling in construction and other sectors, but consumer spending was more resilient than expected https://www.ecb.europa.eu/pub/economic-bulletin/focus/2023/html/ecb.ebbox202305_03~065b8a781a.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.gc230728~db3ef84858.en.html
Letter from the ECB President to several MEPs on monetary policy
https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter230728_Martusciello_DeMeo_Vuolo_Comi_Mussolini_Dorfmann_Salini_Peppucci_Patriciello_Adinolfi_Chinnici~c492489ca9.en.pdf (EN)
https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter230728_Martusciello_DeMeo_Vuolo_Comi_Mussolini_Dorfmann_Salini_Peppucci_Patriciello_Adinolfi_Chinnici~c492489ca9.it.pdf (IT)
Letter from the ECB President to Mr Angelo Ciocca, MEP, on monetary policy
https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter230728_Ciocca~bc7b2a010b.en.pdf (EN)
https://www.ecb.europa.eu/pub/pdf/other/ecb.mepletter230728_Ciocca~bc7b2a010b.it.pdf (IT)
🧵Our 2023 stress test results show that the euro area banking system could withstand a severe economic downturn. Three years of severe economic stress would cut the CET1 capital ratio of ECB-supervised banks to 10.4%, a fall of 4.8 percentage points https://www.bankingsupervision.europa.eu/press/pr/date/2023/html/ssm.pr230728~a10851714c.en.html
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Re Our stress test results show that leveraged finance exposures are riskier in a downturn. Many banks need to improve their valuation of pipeline, modelling and data aggregation capabilities, and banks also need to pay close attention to how they manage interest rate risks.
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In February 2023 supervised banks held €73 billion of net unrealised losses in bond portfolios, an overall contained amount. Nevertheless, we are asking banks to devote due attention to interest rate risk strategies.
Read more https://www.bankingsupervision.europa.eu/press/pr/date/2023/html/ssm.pr230728_1~4d466b8b80.en.html
ECB interest rates could be raised or there could be a pause, President Christine @Lagarde tells Le Figaro. A pause, in September or later, would not necessarily be definitive. In this uncertain environment we will assess the situation meeting by meeting https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230730~0503905cab.en.html
Il y aura peut-être une nouvelle hausse de taux ou une pause, dit Christine @Lagarde au Figaro. Une pause, en septembre ou plus tard, ne serait pas nécessairement définitive. Dans un climat incertain, nous réexaminerons la situation à chaque réunion https://www.ecb.europa.eu/press/inter/date/2023/html/ecb.in230730~0503905cab.fr.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
