Policy brief
10 March 2021
Low interest rates in Europe and the US: one trend, two stories
Interest rates have been on a long-term decline, associated with declining productivity growth.
Policy brief
10 March 2021
Interest rates have been on a long-term decline, associated with declining productivity growth.
Podcast
10 March 2021
Structural factors are putting downward pressure on rates: is it time for macroeconomic policy to play second fiddle in managing demand?
Podcast
05 March 2021
Summary of the macro outlook based on Commission forecasts and analysis of the global picture.
Comment
02 March 2021
The spine of the letter represents the fall in activity at the start of the pandemic. Then there is a split, which leads to the two ‘arms’ that captur
Blog post
24 February 2021
The European Central Bank portfolio is skewed towards the brown economy, reflecting a bias in the market.
Comment
24 February 2021
Ever since the 2008 financial crisis, central bankers have been busy developing new policy instruments to fight fires and ward off emerging threats. N
Podcast
24 February 2021
“We are not going to lead our society to a low-carbon economy by continuing to finance the status quo. “
Blog post
17 February 2021
Ongoing fiscal support in the United States is not expected to provoke inflation risks. There are no immediate inflationary risks in the euro area eit
Event
27 January 2021
The ECB is reviewing its monetary policy strategy. How to ensure monetary policy is fit for purpose in a fast changing world?
Event
26 January 2021
What will happen to infrastructure financing in a post-COVID world?
Event
20 January 2021
Could Next Generation EU enable a better coordination of monetary and fiscal policy?
Blog post
23 December 2020
A recovery from the COVID-19 recession is underway though the suffering is far from over, especially for the most vulnerable. Inequality is both a con
External publication
21 December 2020
Testimony to the European Parliament on monetary policy.
Podcast
25 November 2020
Shocks pass, but change remains a constant. We need to start focusing on permanent changes in the economy and how to adapt to them.
External publication
19 November 2020
Testimony before the European Parliament on the subject of euro area accession.
Event
19 November 2020
Analysing potential recovery spending and green investment through multiple dimensions.