External publication
19 September 2022
The ECB’s monetary tightening: a belated start under uncertainty
A paper assessing the ECB policy errors that occurred in the last year, and the appropriateness of the current monetary policy stance of the ECB.
European central bank
Showing 33-48 of 268 results
Blog post
12 September 2022
How effective has the pandemic emergency purchase programme been in ensuring debt sustainability?
The ECB’s pandemic emergency purchase programme has improved substantially the debt dynamics of euro-area countries, with durable effects.
Policy brief
12 July 2022
An analysis of central bank decision-making
Bank of England MPC celebrates 25 years and we use this occasion to compare its decision-making process to that of the ECB
Blog post
20 June 2022
A new European tool to deal with unjustified rising spreads
The ECB needs a new tool to prevent the current rise in spreads, triggered by monetary policy tightening, from escalating into a new euro-area crisis.
External publication
08 June 2022
Fragmentation risk in the euro area: no easy way out for the European Central Bank
The ECB should design a specific tool that will accompany interest rate hikes to neutralise the risk of fragmentation directly for countries facing it
Opinion piece
31 May 2022
Three headaches for the European Central Bank
Once again, the limits of EMU architecture are visible and will require a rethink.
Event
05 May 2022
What is in store for Euro area economies?
ECB Executive Board Member Philip Lane discussed the outlook for Euro area economies.
Event
29 March 2022
Tackling future risks to banks
How to address vulnerabilities in banks in the coming years?
Opinion piece
08 March 2022
The week inflation became entrenched
The events that have unfolded since 24 February have solved one dispute: inflation is no longer temporary.
Event
17 February 2022
A debate on fiscal rules and the new monetary strategy
Presentation of the Yearbook of the Euro 2022.
External publication
17 February 2022
Book notes: Monetary policy in times of crisis
Review of 'Monetary policy in times of crisis: a tale of two decades of the European Central Bank' published in the Central Banking.
Blog post
18 November 2021
Including home-ownership costs in the inflation indicator is not just a technical issue
The ECB’s preferred method to include owner-occupied housing services in the inflation indicator would involve an asset price.
External publication
09 November 2021
The New Euro Area Inflation Indicator and Target: The Right Reset?
Testimony to the Monetary Dialogue Preparatory Meeting of the European Parliament's Committee on Economic and Monetary Affairs (ECON).
Event
04 November 2021
European monetary policy: lessons from the past two decades
This event will feature the presentation of “Monetary Policy in Times of Crisis – A Tale of Two Decades of the European Central Bank."
External publication
04 November 2021
The new euro area inflation indicator and target: the right reset?
In-depth analysis on the European Central Bank's revised inflation target prepared for the European Parliament's Committee on Economic and Monetary Af
Blog post
02 November 2021
Is the risk of stagflation real?
Most economic forecasts predict a return, in the medium-term, to pre-pandemic growth and inflation. Nevertheless, the European Central Bank and fiscal