Ecb
Gen
26
2019
Respondents to the ECB Survey of Professional Forecasters (SPF) for the first quarter of 2019 reported point forecasts for annual HICP inflation averaging 1.5%, 1.6% and 1.7% for 2019, 2020 and 2021, respectively. These results represent downward revisions of 0.2 percentage point (p.p.) for 2019 ...more »
Tagged width: ecb, politica monetaria
Gen
11
2019
The European Central Bank (ECB) issued a working paper that discusses the implications for optimal monetary policy when rates are at (or close) to their effective lower bounds. In these cases, central banks often turn to communication about the future path of policy rates—known as forward ...more »
Tagged width: ecb, politica monetaria
Gen
04
2019
Growth in economic activity has moderated significantly in the euro area since the end of 2017. Indeed, quarter-on-quarter GDP growth in the euro area fell to 0.2% in the third quarter of 2018, down from 0.7% in the fourth quarter of 2017. This box assesses the ...more »
Tagged width: ecb, politica monetaria
Gen
04
2019
The ECB published a report assessing monetary policy operations during the fifth and sixth reserve maintenance periods of 2018, which ran from 1 August to 18 September 2018 and from 19 September to 30 October 2018 respectively. Throughout this period the interest rates on the main refinancing operations (MROs), the marginal lending facility ...more »
Dic
07
2018
Benoît Cœuré, Member of the Executive Board of the ECB, informed the audience of the second meeting of the Euro Cyber Resilience Board for pan-European Financial Infrastructures on the latest development in cyber finance across European markets. The cyber threat facing the financial sector continues ...more »
Nov
30
2018
The latest Financial Stability Review of the European Central Bank (ECB) says that the euro area financial stability environment has become more challenging since May. Among the major concerns, the following has been highlighted: Possibility of broader stress in emerging markets, rising debt sustainability concerns ...more »
Tagged width: ecb, politica monetaria
Nov
16
2018
Luis de Guindos, Vice-President of the ECB spoke at the Annual General Meeting of the Foreign Bankers’ Association, which was held in Amsterdam the 15 November 2018. The focus was the state of the euro area banking sector and its current challenges. The financial health of ...more »
ECB: Monetary policy and climate change
Posted in: News
Nov
10
2018
Benoît Cœuré, Member of the Executive Board of the ECB spoke of the connection between monetary policy and climate changes at the conference on “Scaling up Green Finance: The Role of Central Banks”, organised by the Network for Greening the Financial System, the Deutsche Bundesbank and ...more »
Tagged width: ecb, politica monetaria
Ott
20
2018
The European Central Bank (ECB) recently issued a working paper which attempts to construct a measure of stress for European sovereign bond markets detaches itself from the use of sovereign bond spreads. Quantifying stress in sovereign bond markets is a relevant task since such tensions ...more »
Tagged width: ecb, politica monetaria
Ott
20
2018
The European Central Bank (ECB) published a research paper aimed at assessing the effects of forward guidance – the communication of central banks about the likely future course of their monetary policy stance – on the conduct of monetary policy. This kind of expectations management ...more »
Tagged width: ecb, politica monetaria
