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
Ago
04
2018
The European Central Bank (ECB) released the results of the 2018:Q3 predictions on macroeconomic conditions in the Euro Zone. The main findings are summarized in three points: HICP inflation expectations revised upwards for 2018 and 2019, while unchanged for 2020; longer-term expectations remained stable at ...more »
Tagged width: ecb, politica monetaria
ECB: Monetary Policy Decisions
Posted in: News
Lug
26
2018
The Governing Council of the ECB met on July 26th to update decisions concerning monetary policy across the monetary union.The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, ...more »
Tagged width: ecb, politica monetaria
Lug
20
2018
The European Central Bank (ECB) published a working paper assessing the impact of monetary policy on households inequality across the Euro Area. Specifically, the study deals with the impact of the recently adopted quantitative easing, on which recently came to public attention. For example, commentators have ...more »
Tagged width: ecb, politica monetaria
FSB: reforms to interest rate benchmarks
Posted in: News
Lug
15
2018
The Financial Stability Board (FSB) has today published a statement on reforms to interbank offered rates (IBORs) and the development of overnight risk-free, or nearly risk-free, rates (RFRs) and term rates. The statement is intended to provide market participants and other stakeholders with the FSB’s views ahead ...more »
Tagged width: EBA, politica monetaria
Lug
07
2018
The Committee on the Global Financial System (CGFS) mandated a Working Group co-chaired by Ulrich Bindseil (European Central Bank) and Steven B Kamin (Federal Reserve Board of Governors) to identify and provide evidence for the channels through which a “low-for-long” scenario might affect financial stability, ...more »
Tagged width: BIS, politica monetaria