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
The economy changes, technology changes, habits change, Executive Board Member Piero Cipollone told
https://nitter.cz/euronews
. The Eurosystem is preparing for this by thinking about complementing physical banknotes with their digital equivalent: a digital euro.
<p>
https://nitter.cz/ecfin/status/1745102416247247184#m
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🐦🔗: https://nitter.cz/ecb/status/1745143198261862675#m
[2024-01-10 17:58 UTC]
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https://nitter.cz/Isabel_Schnabel
: In 2023 credit standards tightened significantly and loan growth fell sharply. This shows that our monetary policy is transmitted to the economy. Loan growth is expected to gradually recover as of 2024.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/investbankinglg/status/1743274702825459934#m
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🐦🔗: https://nitter.cz/ecb/status/1745097728030314871#m
[2024-01-10 14:58 UTC]
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https://nitter.cz/Isabel_Schnabel
: Estimates of the neutral rate are inherently uncertain. The need for higher private and public investments due to the green transition as well as digitalisation and geopolitical shifts may lead to the neutral rate being higher than before the pandemic.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/euriboar/status/1743274744177180815#m
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🐦🔗: https://nitter.cz/ecb/status/1745098249348821448#m
[2024-01-10 15:00 UTC]
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https://nitter.cz/Isabel_Schnabel
: Our reaction function is determined by our single mandate of price stability. Our inflation target is symmetric and our medium-term
perspective allows us to also tackle supply shocks without unnecessarily causing unemployment.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/per_basis_point/status/1745086105026748902#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745099244623589711#m
[2024-01-10 15:04 UTC]
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https://nitter.cz/Isabel_Schnabel
: Estimates of r* are subject to very large confidence bands. Therefore, they provide limited guidance for monetary policy in real time. So we also need to look at incoming data to see how restrictive our policy is.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/pietphc/status/1745075540741030166#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745099796245889288#m
[2024-01-10 15:06 UTC]
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https://nitter.cz/Isabel_Schnabel
: According to our projections, inflation will approach 2% in 2025. Our monetary policy works with a lag. If we raised rates too strongly, this could lead to an undershooting of medium-term inflation and an unnecessarily strong slowdown of the economy.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/RalevVladimir/status/1743276026656895208#m
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🐦🔗: https://nitter.cz/ecb/status/1745100133597851989#m
[2024-01-10 15:07 UTC]
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https://nitter.cz/Isabel_Schnabel
: We aim to conclude our operational framework review this spring.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/SzonyiD/status/1745090131726348364#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745100866367930547#m
[2024-01-10 15:10 UTC]
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https://nitter.cz/Isabel_Schnabel
: Government bond purchases are a tool to protect policy transmission, or to stimulate demand when our policy rates reach their effective lower bound and inflation is below target. Side effects like fiscal dominance or moral hazard need to be monitored.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/AlejandroFarne6/status/1743285838409273474#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745101331453390920#m
[2024-01-10 15:12 UTC]
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https://nitter.cz/Isabel_Schnabel
: It is too early to discuss rate cuts. We will keep our key policy rates at restrictive levels until we are confident that inflation sustainably returns to our 2% target. This requires additional data confirming the disinflationary process.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/AlleundKeinen/status/1743276347365978591#m
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🐦🔗: https://nitter.cz/ecb/status/1745102277030072400#m
[2024-01-10 15:16 UTC]
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https://nitter.cz/Isabel_Schnabel
: The increase in real yields after the pandemic may partly reflect changes in the short-term natural rate of interest. But the post-pandemic economic environment has also complicated the measurement of that rate.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/MAmdorsky/status/1745084191711035705#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745102766647771291#m
[2024-01-10 15:18 UTC]
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https://nitter.cz/Isabel_Schnabel
: Most of the money in the euro area is private money, such as bank deposits. Currently, public money is only available in the form of cash. Of about €10 trillion in readily available money (M1), banknotes constitute some 15%.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/cepulje/status/1743289147886838199#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745103300897214938#m
[2024-01-10 15:20 UTC]
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https://nitter.cz/Isabel_Schnabel
: Our mandate is to preserve price stability. For that we need to see inflation returning sustainably to our 2% target. We expect inflation to reach 2% in 2025 and project that we can achieve this without causing a deep or prolonged recession.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/MF_Camillus/status/1743293127606104460#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745104432403018220#m
[2024-01-10 15:24 UTC]
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https://nitter.cz/Isabel_Schnabel
: We should intensify efforts to green our lending operations, including the collateral framework. First steps are already being taken. Green targeted lending operations could be considered when monetary policy needs to become expansionary again.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/lfzenp/status/1745085979839406203#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745105173377097949#m
[2024-01-10 15:27 UTC]
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https://nitter.cz/Isabel_Schnabel
: Not at all. A digital euro would offer an additional payment option for everyone in the euro area, backed by the ECB and usable all over the euro area. Just like cash, it would be simple to use and meet the highest privacy standards.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/AKeizerHGZ/status/1745097572723618300#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745105840644685893#m
[2024-01-10 15:30 UTC]
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https://nitter.cz/Isabel_Schnabel
: Inflation has come down significantly due to a reversal of previous shocks and our policy tightening. But monetary policy will not undo the rise in the overall price level as this would require plunging the economy into a deep and long recession.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/RS30002/status/1743276124912689314#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745105938959220857#m
[2024-01-10 15:30 UTC]
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https://nitter.cz/Isabel_Schnabel
: Our monetary policy has been transmitted to all parts of the euro area. But due to institutional features, such as fixed vs variable rate loans, transmission will not be the same. Economic convergence and financial integration foster even transmission.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/Dykson_Henrique/status/1745092696694198674#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745106945999093805#m
[2024-01-10 15:34 UTC]
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https://nitter.cz/Isabel_Schnabel
: Elected governments decided that central bank independence is the best way to ensure price stability. The ECB must always act within its mandate and is accountable to the European Parliament. More here:
https://www.ecb.europa.eu/ecb/orga/accountability/html/index.en.html
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/PoolFeline/status/1743284330879758616#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745107389336924648#m
[2024-01-10 15:36 UTC]
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https://nitter.cz/Isabel_Schnabel
: Further steps in European integration would clearly benefit our single monetary policy. Therefore we need to make further progress towards capital markets union and the completion of banking union.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/databacked101/status/1745098400725352644#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745107491841601934#m
[2024-01-10 15:37 UTC]
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https://nitter.cz/Isabel_Schnabel
: The euro area countries have decided to give up their own currencies and join the euro. A currency union reduces transaction costs and facilitates trade by removing exchange rate risks. The euro enjoys wide support in all member countries.
https://nitter.cz/search?q=%23AskECB
<p>
https://nitter.cz/B__Breaker/status/1744405579437625620#m
</p>
🐦🔗: https://nitter.cz/ecb/status/1745107638860251236#m
[2024-01-10 15:37 UTC]
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
