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
Watch live today from 12:30 CET: Chief Economist Philip R. Lane talks about the latest economic data, our monetary policy and the outlook for the euro area economy with @mariademertzis @bruegel_org https://www.bruegel.org/events/what-is-in-store-for-euro-area-economies/
Euro area bank interest rate statistics (March 2022) https://www.ecb.europa.eu/press/pr/stats/mfi/html/ecb.mir2203~7b0b861feb.en.html
ECB amends monetary policy implementation guidelines https://www.ecb.europa.eu/press/pr/date/2022/html/ecb.pr220505~bbe88d77ef.en.html
Panetta: We need to act on multiple fronts, not just with monetary policy.
Supporting Ukraine and doing all we can to quickly end the war is the best way to quickly reduce inflation.
And we need a “European shield” to respond to global tensions on energy and food
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Panetta: We must prevent monetary adjustment from being accompanied by higher financial fragmentation. If the latter impedes monetary policy transmission, we should intervene decisively, building on the success of our pandemic purchase programme and the Next Generation EU
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Panetta: With medium-term inflation around 2%, we can gradually reduce stimulus.
But we must remain data-driven. It would be unwise to act without fully understanding how the war and global factors will affect inflation, demand and production. Uncertainty is enormous
2/4
🧵 We must be prudent, recognising what we can do, but also what we cannot do, Executive Board member Fabio Panetta tells @LaStampa. We have limited room to cool imported inflation but we must prevent the rise in inflation from becoming entrenched.
https://www.ecb.europa.eu/press/inter/date/2022/html/ecb.in220505~c0c4aa67ab.en.html
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Незабаром ми запустимо програму стажування для 15 українських випускників, щоб надати їм можливість отримати реальний досвід роботи в ЄЦБ.
Слідкуйте за новинами щодо цієї ініціативи на наших каналах у соціальних мережах
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Маємо за честь вітати Голову Національного Банку України Кирила Шевченка на нашому сьогоднішньому спеціальному засіданні Генеральної Ради ЄЦБ, де він поінформував нас про економічні наслідки війни.
Ми стоїмо разом з народом України
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@NBUkraine @KyryloShevchen1
We will soon launch a traineeship programme for 15 Ukrainian graduates to give them the opportunity to gain professional experience working at the ECB.
Follow our social media channels for more updates on this initiative
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We were honoured to welcome National Bank of Ukraine Governor Kyrylo Shevchenko to today’s ad-hoc meeting of the ECB’s General Council, where he gave an update on the economic impact of the war.
We stand with the people of Ukraine
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@NBUkraine @KyryloShevchen1
Working Paper: Instinctive versus reflective trust in the European Central Bank https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2660~e228b93d53.en.pdf?8a6fb1b47fc36f668234d96a3fab5292
Working Paper: Financial cycles under diagnostic beliefs https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2659~40a797bc50.en.pdf?4f646563d3caf6cb0608d2702f757875
Working Paper: A Wake-Up Call Theory of Contagion https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2658~608086fd07.en.pdf?f8b2596ddc90f7a2ad8b9632935edf14
Apply for the ECB Scholarship for Women by 25 May!
The programme offers €10,000 grants to women pursuing master’s degrees in economics, statistics, engineering or computing.
Find out more https://www.ecb.europa.eu/careers/what-we-offer/wecs/html/index.en.html
What would you like to ask Executive Board member @FrankElderson? Post your question using #AskECB and follow Frank’s answers live on Friday, 6 May 2022!
We need to act to prevent high inflation from becoming entrenched in people’s expectations, @Isabel_Schnabel tells @Handelsblatt. Monetary policy will remain accommodative even after a policy rate increase as real interest rates are historically low https://www.ecb.europa.eu/press/inter/date/2022/html/ecb.in220503~10f5563a10.en.html
What would you like to ask Executive Board member @FrankElderson? Post your question using #AskECB and follow Frank’s answers live on Friday, 6 May 2022!
Today we welcomed members of the European Parliament’s Committee on Economic and Monetary Affairs to Frankfurt.
We discussed a wide range of economic and banking supervision topics.
This is one of the ways we are accountable to the people of Europe.
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
