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.
Monetary policy
Showing 33-48 of 333 results
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."
Working paper
04 November 2021
Does money growth tell us anything about inflation?
The view of one of the authors of this paper about the relationship between money and inflation can be summarised in two anecdotes.
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
Event
20 October 2021
Monetary policy in the time of climate change
How does climate change influence monetary policy in the eurozone? What potential monetary policy measures should be taken up to address climate risks
Comment
01 October 2021
Letter: Declining investment may explain why rates are low
Perhaps an analysis of the causes of the declining investment rate would bring us closer to explaining why real interest rates are so low.
Blog post
28 September 2021
Monetary arithmetic and inflation risk
Between 2007 and 2020, the balance sheets of the European Central Bank, the Bank of Japan, and the Fed have all increased about sevenfold. But inflati
Event
02 September 2021
Monetary and macroeconomic policies at the crossroads
Bruegel Annual Meetings, Day 2- In this session we would like to discuss monetary and macroeconomic policies after Covid-19.
Comment
23 June 2021
What to expect from the ECB’s monetary policy strategy review?
Emphasis will be placed on greening monetary policy and clarifying the ECB's price stability objective, but is this enough?
External publication
09 June 2021
What Are the Effects of the ECB’s Negative Interest Rate Policy?
This paper explores the potential effects (and side effects) of negative rates in theory and examines the evidence to determine what these effects hav
Event
19 May 2021
After COVID-19: a most wanted recovery
This event was part of the T20 Spring Roundtables and focused on strategies for a swift and sustainable economic recovery for Europe.
Podcast
21 April 2021
Africa's battle with COVID-19
How can we ensure a worldwide balanced and inclusive recovery from the Covid pandemic?
Blog post
24 March 2021
How has COVID-19 affected inflation measurement in the euro area?
COVID-19 has complicated inflation measurement. Policymakers need to take this into account and should look at alternative measures of inflation to un
Event
18 March 2021
The impact of COVID-19 on productivity: preliminary firm evidence
Online event organised in the framework of MICROPROD, a project to improve our understanding of productivity, its drivers and how we measure it.