ECB - European Central Bank Press Releases

• Published on March 27, 2024 - 00:00 GMT

  

  Piero Cipollone: The confidence to act: monetary policy and the role of wages during the disinflation process

  Speech by Piero Cipollone, Member of the Executive Board of the ECB, at an event organised by the House of the Euro and the Centre for European Reform Brussels, 27 March 2024 It is a pleasure to be here today. In recent years, the euro area economy has …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 27, 2024 - 00:00 GMT

  

  Frank Elderson: Taking into account climate and nature in monetary policy and banking supervision around the world

  Rio de Janeiro, 27 March 2024 Many thanks to the Banco Central do Brasil for inviting me here today. I am honoured to be speaking in Rio de Janeiro’s botanical garden. It is home to more than 6,500 different species – just a fraction of the more than 130, …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 22, 2024 - 00:00 GMT

  

  Who buys bonds now? How markets deal with a smaller Eurosystem balance sheet

  22 March 2024 Federico Maria Ferrara, Tom Hudepohl, Pamina Karl, Tobias Linzert, Benoit Nguyen, Lia Vaz Cruz[1] The Eurosystem is shrinking its balance sheet, which makes more government bonds available for purchase. The ECB Blog looks at how markets are …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 21, 2024 - 00:00 GMT

  

  The euro as a global currency: a payments perspective

  Prepared by Oana Furtuna, Patrick Papsdorf, Livia Polo Friz and Sara Testi Published as part of the ECB Economic Bulletin, Issue 2/2024. The ECB monitors developments in the international role of the euro and publishes the resulting information on a …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 21, 2024 - 00:00 GMT

  

  The ECB’s climate and nature plan 2024-2025

  Prepared by Sara Skjeggestad Meyer and Carolin Nerlich Published as part of the ECB Economic Bulletin, Issue 2/2024. On 30 January 2024 the ECB published its climate and nature plan 2024-2025, which identifies three new focus areas that will guide its …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 21, 2024 - 00:00 GMT

  

  Economic Bulletin Issue 2, 2024

  Overview At its meeting on 7 March 2024, the Governing Council decided to keep the three key ECB interest rates unchanged. Since its monetary policy meeting on 25 January 2024, inflation has declined further. In the March 2024 ECB staff macroeconomic …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 21, 2024 - 00:00 GMT

  

  Euro area monthly balance of payments: January 2024

  21 March 2024 Current account recorded €39 billion surplus in January 2024, up from €32 billion in previous month Current account surplus amounted to €294 billion (2.0% of euro area GDP) in the 12 months to January 2024, after a €91 billion deficit (0.7% …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 21, 2024 - 00:00 GMT

  

  Denmark joins T2 and TIPS to fully integrate Danish krone in Eurosystem’s payment services

  21 March 2024 ECB and Danmarks Nationalbank sign agreement for Denmark to join T2 and TIPS in April 2025 Danish krone to become third currency available for instant payment settlement in TIPS The European Central Bank (ECB) and Danmarks Nationalbank today …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 20, 2024 - 00:00 GMT

  

  Christine Lagarde: Building confidence in the path ahead

  Speech by Christine Lagarde, President of the ECB, at The ECB and its Watchers XXIV Conference, organised by the Institute for Monetary and Financial Stability, Goethe University, Frankfurt am Main Frankfurt am Main, 20 March 2024 Since the pandemic, …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 20, 2024 - 00:00 GMT

  

  Isabel Schnabel: R(ising) star?

  Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at The ECB and its Watchers XXIV Conference session on: Geopolitics and Structural Change: Implications for Real Activity, Inflation and Monetary Policy Frankfurt, 20 March 2024 Over the …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 19, 2024 - 00:00 GMT

  

  Shocked to the core: a new model to understand euro area inflation

  by Marta Bańbura, Elena Bobeica and Catalina Martínez Hernández[1] The pandemic's disruption of global supply chains and the spike in natural gas prices following Russia’s invasion of Ukraine were significant drivers of surging inflation. Traditional …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 19, 2024 - 00:00 GMT

  

  Luis de Guindos: Interview with Naftemporiki

  19 March 2024 Inflation has been declining and the European economy has been slowing, especially the German one. However services inflation is sticky and the labour market is still tight. President Lagarde indicated in the last press conference that in …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 18, 2024 - 00:00 GMT

  

  ECB and EBA step up efforts to make banking industry data reporting more efficient

  18 March 2024 ECB and EBA establish Joint Bank Reporting Committee to make data reporting by the banking industry more efficient New structure will harmonise and integrate reporting of statistical, supervisory and resolution data with the aim of developing …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 14, 2024 - 00:00 GMT

  

  Isabel Schnabel: The Eurosystem’s operational framework

  Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Money Market Contact Group meeting Frankfurt am Main, 14 March 2024 Since 2015, the Eurosystem has been operating under a de facto supply-driven floor system. This was the result …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 14, 2024 - 00:00 GMT

  

  The “art” of central banking on screen

  14 February 2024 By Carolin Benack and Stefan Ruhkamp Central banks have been collecting art for a long time. While the works were previously only accessible at their physical locations, more and more central banks now make their collections available …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 11, 2024 - 00:00 GMT

  

  Philip R. Lane: The 2021-2022 inflation surges and monetary policy in the euro area

  11 March 2024 By Philip R. Lane[1] In 2021-22 inflation surged due to the direct and indirect effects of the energy shock, together with a set of pandemic-related factors and the Russian invasion of Ukraine. In this post on The ECB Blog, Chief Economist …

  Distribution channels: Banking, Finance & Investment Industry
• Published on March 4, 2024 - 00:00 GMT

  

  Euro area bank interest rate statistics: January 2024

  4 March 2024 Bank interest rates for corporations Chart 1 Bank interest rates on new loans to, and deposits from, euro area corporations (percentages per annum) Data for cost of borrowing and deposit interest rates for corporations (Chart 1)The composite …

  Distribution channels: Banking, Finance & Investment Industry
• Published on February 27, 2024 - 00:00 GMT

  

  Monetary developments in the euro area: January 2024

  27 February 2024 Components of the broad monetary aggregate M3 The annual growth rate of the broad monetary aggregate M3 stood at 0.1% in January 2024, after 0.2% in December, averaging -0.2% in the three months up to January. The components of M3 showed …

  Distribution channels: Banking, Finance & Investment Industry
• Published on February 22, 2024 - 00:00 GMT

  

  Meeting of 24-25 January 2024

  Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 24-25 January 2024 22 February 2024 1. Review of financial, economic and monetary developments and policy …

  Distribution channels: Banking, Finance & Investment Industry
• Published on February 22, 2024 - 00:00 GMT

  

  ETF approval for bitcoin – the naked emperor’s new clothes

  22 February 2024 By Ulrich Bindseil and Jürgen Schaaf Bitcoin has failed on the promise to be a global decentralised digital currency. Instead it is used for illicit transactions. The latest approval of an ETF doesn’t change the fact that Bitcoin is not …

  Distribution channels: Banking, Finance & Investment Industry