Politica Monetaria

ECB: methodology for calculating Euro Short-Term Rate (ESTER)
6 anni fa

The Governing Council of the European Central Bank (ECB) has decided on the final methodology for calculating the Euro Short-Term Rate (ESTER) – an overnight unsecured rate based entirely on money market statistical reporting (MMSR), which will start to be published by October 2019. We report ...more »
BdI: coefficiente capitale anticiclico a zero per il Q3 – 2018
6 anni fa

Banca d'Italia comunica la decisione di mantenere il coefficiente della riserva di capitale anticiclica allo zero per cento per il terzo trimestre del 2018. La decisione è stata presa sulla base dell'analisi degli indicatori di riferimento, in particolare: nel primo trimestre del 2018 ...more »
BIS: The likelihood of effective lower bound events
6 anni fa

The Bank for International settlement published a research paper aimed at estimating the probability of an economy hitting its effective lower bound (ELB) on the nominal interest rate and of the expected duration of such an event for eight advanced economies. The paper estimates the probability that the ...more »
ECB announces the end of QE
6 anni fa

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 uncertainties surrounding the inflation outlook. Based on ...more »
Pillole dal Rapporto di Stabilità Finanziaria di Banca d’Italia 1-2018

di Emilio Barucci

6 anni fa

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 anni di dieci punti (37%). La crescita dell’indebitamento per ...more »
Incertezza politica e politica monetaria: quel circolo vizioso da disinnescare

di Carlo Milani

6 anni fa

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 alla prima settimana di maggio dai mercati non si ravvisavano ...more »
ECB publishes its 2018 Convergence Report 
6 anni fa

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 Sweden. It finds that the seven EU Member States have made ...more »
Risk-reducing and risk-sharing in the EMU
6 anni fa

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 specific fragilities in the euro area’s construction that ...more »
ECB: Financial Integration report
7 anni fa

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 given set of financial instruments and/or services is fully ...more »