ECB - European Central Bank Press Releases

• Published on October 23, 2024 - 10:17 GMT

  

  Heterogeneous effects of monetary tightening in response to energy price shocks

  By Alina Bobasu, Michael Dobrew and Amalia Repele[1] Starting in mid-2021, energy prices soared to unprecedented heights. Initially driven by the global post-pandemic rebound, this was exacerbated by the Russian invasion of Ukraine. The euro area economy – …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 18, 2024 - 11:39 GMT

  

  The ECB Survey of Professional Forecasters - Fourth quarter of 2024

  In the ECB’s Survey of Professional Forecasters (SPF) for the fourth quarter of 2024, expectations for headline HICP inflation were largely unchanged from the previous survey (conducted in the third quarter of 2024), although expectations for 2025 were …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 18, 2024 - 10:39 GMT

  

  Results of the September 2024 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter ...

  18 October 2024 Overall credit terms and conditions eased somewhat between June 2024 and August 2024 on account of improved general market liquidity Increase in demand for funding secured against many collateral types Increase in initial margin …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 18, 2024 - 10:39 GMT

  

  Results of the ECB Survey of Professional Forecasters for the fourth quarter of 2024

  18 October 2024 Inflation expectations at 2.4% for 2024 and 1.9% for 2025 and 2026; unchanged except for 0.1 percentage point downward revision for 2025; longer-term inflation expectations (for 2029) remain at 2.0% Real GDP growth expectations broadly …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 18, 2024 - 10:38 GMT

  

  Euro area monthly balance of payments: August 2024

  18 October 2024 Current account recorded €31 billion surplus in August 2024, down from €41 billion in previous month Current account surplus amounted to €408 billion (2.8% of euro area GDP) in the 12 months to August 2024, up from €138 billion (1.0%) one …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 16, 2024 - 22:09 GMT

  

  Christine Lagarde: Lessons from Ljubljana in uncertain times

  Speech by Christine Lagarde, President of the ECB, at the official dinner of Banka Slovenije in Ljubljana, Slovenia Ljubljana, 16 October 2024 It is a pleasure to be here this evening. Not far from here, tucked away in the National and University Library, …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 15, 2024 - 10:16 GMT

  

  The euro area bank lending survey - Third quarter of 2024

  In the October 2024 bank lending survey (BLS), euro area banks reported unchanged credit standards for loans or credit lines to enterprises in the third quarter of 2024 (net percentage of banks of 0%; see Overview table).[1] This follows more than two …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 15, 2024 - 09:28 GMT

  

  October 2024 euro area bank lending survey

  15 October 2024 Credit standards remained unchanged for firms in the third quarter of 2024, after more than two years of consecutive tightening Credit standards eased for loans to households for house purchases but tightened for consumer credit Housing …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 10, 2024 - 21:09 GMT

  

  Meeting of 11-12 September 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, 11-12 September 2024 10 October 2024 1. Review of financial, economic and monetary developments and policy …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 9, 2024 - 15:03 GMT

  

  Critical inputs from China: how vulnerable are European firms to supply shortages?

  9 October 2024 By Dennis Essers, Laura Lebastard, Michele Mancini, Ludovic Panon and Jacopo Timini China has been an important and reliable supplier of critical inputs for European industries for decades. But how vulnerable would our companies be if that …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 8, 2024 - 07:17 GMT

  

  Frank Elderson: Interview with Delo

  8 October 2024 You hold two high positions in the European Central Bank: you are a member of the ECB’s Executive Board as well as the Vice-Chair of its Supervisory Board. You are responsible for both monetary matters and banking supervision in the euro …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 7, 2024 - 08:08 GMT

  

  Piero Cipollone: Towards a digital capital markets union

  Keynote speech by Piero Cipollone, Member of the Executive Board of the ECB, at the Bundesbank Symposium on the Future of Payments Frankfurt am Main, 7 October 2024 The foundations of the financial system as we know it today can be traced back to 14th- …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 4, 2024 - 16:48 GMT

  

  Frank Elderson: Sustainable finance: from “eureka!” to action

  Keynote speech by Frank Elderson, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Sustainable Finance Lab Symposium on Finance in Transition Amsterdam, 4 October 2024 Many great discoveries have been made …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 4, 2024 - 11:52 GMT

  

  Euro area quarterly balance of payments and international investment position: second quarter of 2024

  04 October 2024 Current account surplus at €381 billion (2.6% of euro area GDP) in four quarters to second quarter of 2024, after a €76 billion surplus (0.5% of GDP) a year earlier. Geographical counterparts: largest bilateral current account surpluses vis …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 4, 2024 - 11:52 GMT

  

  Households and non-financial corporations in the euro area: second quarter of 2024

  4 October 2024 Households' financial investment increased at higher annual rate of 2.1% in second quarter of 2024, after 1.9% in previous quarter Non-financial corporations' financing grew at higher annual rate of 1.0% (after 0.8%) Non-financial …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 3, 2024 - 12:38 GMT

  

  Monetary policy transmission: why consumers’ housing situations matter

  3 October 2024 By Lorenzo Baldassarri, Dimitris Georgarakos, Geoff Kenny and Justus Meyer Monetary policy decisions have direct financial consequences for many consumers, especially as they influence mortgage conditions. The ECB Blog looks at how these …

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• Published on October 2, 2024 - 16:50 GMT

  

  Isabel Schnabel: Escaping stagnation: towards a stronger euro area

  Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at a lecture in memory of Walter Eucken Freiburg, 2 October 2024 The euro area economy is stagnating. Over the past two years, real GDP has expanded, on average, by only 0.1% per quarter. …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 2, 2024 - 10:45 GMT

  

  Euro area bank interest rate statistics: August 2024

  2 October 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 October 2, 2024 - 10:45 GMT

  

  Luis de Guindos: Bridging the gap: reviving the euro area’s productivity growth through innovation, investment and integration

  Keynote speech by Luis de Guindos, Vice-President of the ECB, at the Latvijas Banka and SUERF Economic Conference 2024 Riga, 2 October 2024 It is a pleasure to talk to you today about reviving productivity growth in the euro area – a critical challenge …

  Distribution channels: Banking, Finance & Investment Industry
• Published on October 1, 2024 - 08:35 GMT

  

  Luis de Guindos: Expectations surveys, central banks and the economy

  Welcome address by Luis de Guindos, Vice-President of the ECB, at the 5th joint ECB, Bank of Canada and Federal Reserve Bank of New York Conference on expectations surveys, central banks and the economy Frankfurt am Main, 1 October 2024 It is my pleasure …

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