Politica monetaria
Nov
24
2018
The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) specifying the nature, severity and duration of an economic downturn. These RTS complete the EBA’s regulatory review of the internal ratings-based (IRB) Approach, with the objective of restoring market participants’ trust in internal ...more »
Tagged width: EBA, politica monetaria
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
Ott
20
2018
The “la Caixa” Chair for Economics and Society conference held in Madrid on October 17 was an occasion for Peter Praet, Member of the Executive Board of the European Central Bank (ECB), to discuss the consequences of population ageing for economic policy making. In particular, the reform ...more »
Tagged width: ecb, politica monetaria
Ott
11
2018
As part of its thematic discussions on growth and jobs, the Eurogroup of 1 October will discuss the role of national ‘automatic stabilisers’ within the economic and monetary union. Public finances play an automatic stabilising role when deficits respond at unchanged policies to the economic ...more »
Tagged width: eurozone, politica monetaria
Ott
06
2018
By decision of 4 March 2015, the European Central Bank (ECB) put in place a secondary markets public sector asset purchase programme (‘PSPP’). The PSPP is one of the four sub-programmes of the Expanded Asset Purchase Programme (‘APP’) announced by the ECB in January 2015 and ...more »
Tagged width: asset purchase, ecb, politica monetaria
ESTER to replace EONIA as the risk free rate
Posted in: News
Set
20
2018
The working group on euro risk-free rates is an industry-led group established in 2018 by the European Central Bank, the Belgian Financial Services and Markets Authority (FSMA), the European Securities and Markets Authority (ESMA) and the European Commission. Its main tasks are to identify and recommend alternative ...more »
Tagged width: eonia, politica monetaria
Set
01
2018
The Governing Council of the European Central Bank, held in Frankfurt am Main on the 25-26 July 2018, reviewed the latest financial, economic and monetary developments since the Governing Council’s previous monetary policy meeting on 13-14 June 2018. Financial market developments The slope of the US ...more »
Tagged width: ecb, politica monetaria
Ago
30
2018
Nel dicembre 2015 lo European Systemic Risk Board (ESRB) ha emanato una raccomandazione per favorire l’uniformità delle decisioni dei singoli Stati membri relative al coefficiente della riserva di capitale anticiclica (CCB) da applicare alle esposizioni verso residenti in paesi che non fanno parte dell’Unione europea ...more »
Tagged width: politica monetaria
