ECB announces the end of QE

The Governing Council of the ECB met in Riga the 14th of June to review the cross-country pattern  towards a sustained adjustment of inflation. The discussion was supported by the latest Eurosystem staff macroeconomic projections, measures of price and wage pressures, and... more »

Pillole dal Rapporto di Stabilità Finanziaria di Banca d’Italia 1-2018

di Emilio Barucci

FAMIGLIE Il debito delle famiglie in rapporto al reddito disponibile si mantiene stabile. La quota dei mutui a tasso fisso è cresciuta negli ultimi dieci... more »

Incertezza politica e politica monetaria: quel circolo vizioso da disinnescare

di Carlo Milani

L’intensificarsi dell’incertezza politica nella fase di formazione del nuovo Governo ha riportato l’Italia al centro dell’attenzione su scala globale. Se fino... more »

ECB publishes its 2018 Convergence Report 

The European Central Bank (ECB) is today publishing its 2018 Convergence Report, in line with the requirements of the Treaty on the Functioning of the European Union. The report covers Bulgaria, the Czech Republic, Croatia, Hungary, Poland, Romania and... more »

Risk-reducing and risk-sharing in the EMU

The President of The European Central Bank (ECB) Mario Draghi, hosted at the European University Institute in Florence, tackled the topic of monetary union and its central role in reducing and sharing risks across European countries. The crisis revealed some... more »

ECB: Financial Integration report

The European Central Bank (ECB) issued its annual report on financial integration in Europe. The report contributes to the advancement of the European financial integration process by analysing itsdevelopment and the related policies. Namely, the market for a... more »

BIS: Price Stability and Emerging Markets

The Monetary and Economic Department of the Bank of International Settlement (BIS) published a working paper assessing the issue of conducting a wise monetary policy in emerging countries. In particular, the focus is whether central banks in emerging markets... more »

ECB: economic conditions and monetary policy reviews

The Governing Council of the European Central Bank (ECB) met in Frankfurt this March to discuss the latest accounts in monetary policy in Europe. The Council focused at first on the review of current financial and economic developments, and... more »

ECB: The effects of non-conventional monetary policy on real growth

The President of the European Central Bank Mario Draghi gave a speech at the Institute for Monetary and Financial Stability in Frankfurt. The main topic covered are the real effects of extrarodinary monetary policy in the Euro... more »

Asset purchase programmes: stock or flow effect?

Benoit Coeuré, member of the executive board of the ECB, addressed the annual US Monetary Policy Forum which took place in New York on February, 23rd. Coeuré focused on assets purchase programme, which reached unprecedently high levels in recent... more »