Today we took these monetary policy decisions:
🔵 We raised interest rates again, by 0.5 percentage points
🔵 We will start to reduce the large amounts of bonds we bought over the last few years
🔵 We will make our holdings of corporate bonds greener
Press release: ECB decides on detailed modalities for reducing asset purchase programme holdings
https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230202~1a4ecbe398.en.html
@Lagarde See the combined monetary policy decisions and statement here https://www.ecb.europa.eu/press/pressconf/shared/pdf/ecb.ds230202~40a069a7b4.en.pdf
President @Lagarde has just presented the Governing Council’s monetary policy statement.
Read the statement https://www.ecb.europa.eu/press/pressconf/2023/html/ecb.is230202~4313651089.en.html
Watch the ECB press conference live: President Christine @Lagarde explains today’s monetary policy decisions https://n.respublicae.eu/i/broadcasts/1vAGRAXdEryKl
Coming up in 15 minutes: watch live as President Christine @Lagarde explains the latest monetary policy decisions.
We raised interest rates by 0.5 percentage points.
See our latest monetary policy decisions https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp230202~08a972ac76.en.html
Later today: watch live as ECB President Christine @Lagarde explains the latest monetary policy decisions.
How did euro area bank interest rates evolve in December? How do they compare with November’s figures? Find out more in the press release https://www.ecb.europa.eu/press/pr/stats/mfi/html/ecb.mir2212~4e7d08f6a5.en.html
We’ll be examining 57 of the euro area’s largest banks this year as part of the @EBA_News EU-wide stress test. In parallel, we’ll also stress test another 42 smaller banks under our direct supervision. The results will be published by the end of July.
More https://www.bankingsupervision.europa.eu/press/pr/date/2023/html/ssm.pr230131~dee9a150dc.en.html
@jeuasommenulle We corrected the title of the visual to show that the results of the Survey refer to Q4 2022, not Q1 2023.
CORRECTED – We asked 151 banks in the euro area about changes in their lending behaviour and loan demand during the fourth quarter of 2022.
Find out the results https://www.ecb.europa.eu/stats/ecb_surveys/bank_lending_survey/html/index.en.html
Croatia joined the euro area on 1 January 2023. What did people, businesses and national authorities do to ensure a smooth transition?
Host @KatieRanger_ looks at the currency changeover with expert Patricia Roa Tejero on #TheECBPodcast.
Tune in https://pod.link/1481819425/episode/b02cd2994a1fea7c10457683c149fb66
RT @FrankElderson: Today we commemorate the millions of women, men and children who were killed in the Holocaust.
We paid tribute in the Großmarkthalle, a former deportation site which is now part of the @ecb premises in Frankfurt and a daily reminder of this dark period in history.
Today is International Holocaust Remembrance Day.
On this day, we honour the victims of the Nazi regime by unveiling a commemorative plaque for the Jewish Memorial, located on our premises.
We have held a ceremony and placed stones in keeping with Jewish burial tradition.
How did euro area bank lending and money supply evolve in December? How do they compare with November’s figures? Find out more in the press release
https://www.ecb.europa.eu/press/pr/stats/md/html/ecb.md2212~b06affe66d.en.html
RT @Lagarde: On International Holocaust Remembrance Day, I reflected on what we must do to prevent tyranny and state injustice from ever prevailing again. Building a peaceful and prosperous European Union is a key part of this.
Read my post in #TheECBblog https://www.ecb.europa.eu/press/blog/date/2023/html/ecb.blog230127~2a7532aec9.en.html
The ECB is now on Kahoot!
Test your knowledge of inflation, money, central banking and banking supervision with four new quizzes.
Check them out here ➡️ https://www.ecb.europa.eu/ecb/educational/test-your-knowledge/html/index.en.html
Interested in researching an area of law relevant to our tasks and publishing an article on your findings?
Apply for the ECB Legal Research Programme 2023 before 31 January!
Find out more https://www.ecb.europa.eu/pub/economic-research/programmes/legal_research/html/index.en.html
RT @ECB_Research: 📢 Reminder: Apply before 31st January for the Lamfalussy fellowships. We seek proposals from young scholars, particularly at the assistant professor or advanced PhD stage, with a focus on inflation, monetary policy, financial stability and related topics https://www.ecb.europa.eu/pub/economic-research/programmes/lamfalussy/html/index.en.html
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