Blog post
27 January 2020
Libra as a currency board: are the risks too great?
The Libra Association claims it will be analogous to a currency board regime, but they have overlooked the problems of monetary management that come w
Monetary policy
Showing 113-128 of 339 results
Opinion piece
23 January 2020
European capital markets union, by rule and by choice
While the euro is now a leading global currency and the European Central Bank has become a comprehensive banking supervisor, Europe’s markets have bee
Opinion piece
15 January 2020
Stability remains key to China
The most concerning aspect for the Chinese economy will still be to hold up domestic demand. The rapidly rising household debt will put further breaks
Opinion piece
11 December 2019
Watch out for China’s currency in case of no-deal scenario
The U.S. and China’s negotiations on a phase-one deal seem to have stalled again. The market was already aware of the limited nature of the likely dea
Policy brief
02 December 2019
The next generation of digital currencies: in search of stability
Recent developments have re-opened the debate on the future of money. This Policy Contribution discusses two aspects: the implications of the rise of
Blog post
08 October 2019
Long term real interest rates fell below zero in all euro area countries
The 10-year real government bond yield, which is the nominal yield deflated by expected inflation, has fallen below zero in Italy and Greece, boosted
External publication
25 September 2019
Challenges ahead for the European Central Bank: Navigating in the dark?
Since the second half of 2018, signs of a slowdown have been piling up in the euro area. The ECB will face major challenges in this potentially diffic
Opinion piece
17 September 2019
Trump's Backfiring Trade Policy
President Trump’s radical trade policy continues, as do trade disputes with China. The president promised to sign far better trade deals, ensure fair
Event
16 September 2019
Climate change and the role of central banks
What connections exist between central banks and climate change, and what are the resulting implications?
Blog post
09 September 2019
Argentina, plus ça change…
Recent primary elections in Argentina saw the defeat by a wide margin of President Macri. This fueled market volatility given expectations of a revers
Opinion piece
28 August 2019
Is this really a currency war or just a tantrum?
Since the People’s Bank of China (PBOC) allowed the yuan to surpass the dreaded level of 7 to the dollar on August 11, rivers of ink have flowed citin
External publication
31 July 2019
La Banca centrale europea
This external publication delves into the new responsibility given to the European Central Bank: supervision on banks in the euro-area. It tells its h
Blog post
17 July 2019
Libra: possible risks in Facebook's pursuit of a 'stablecoin'
Facebook’s new cryptocurrency has the potential to be both widely accessible and attractive to those countries that do not have strong sovereign curre
Blog post
08 July 2019
‘Lo spread’: The collateral damage of Italy’s confrontation with the EU
The authors assess whether the European Commission's actions towards Italy since September 2018 have had a visible impact on the spread between Italia
Podcast
04 July 2019
Director's Cut: Priorities for the new ECB president
In this Director's Cut of 'The Sound of Economics', Guntram Wolff talks to two of the authors of Bruegel's memo to the new ECB president, Maria Demert
Policy brief
03 July 2019
Preparing for uncertainty
Memo to the president of the European Central Bank. Grégory Claeys, Maria Demertzis and Francesco Papadia present the challenges that the next ECB pre