The European Central Bank (ECB) and 21 other central banks that are signatories of the Central Bank Gold Agreement (CBGA) have decided not to renew the Agreement upon its expiry in September 2019… https://www.ecb.europa.eu//press/pr/date/2019/html/ecb.pr190726_1~3eaf64db9d.en.html
Credit standards – i.e. banks’ internal guidelines or loan approval criteria – for loans to enterprises tightened in the second quarter of 2019… https://www.ecb.europa.eu//press/pr/date/2019/html/ecb.pr190723~10dfcba05b.en.html
Since the financial crisis, the euro area’s institutional architecture has evolved significantly… https://www.ecb.europa.eu//press/key/date/2019/html/ecb.sp190704_1~c105b24fd6.en.html
The European payments market has come a long way since 1992 when the Maastricht Treaty laid the foundation for the euro as a single currency… https://www.ecb.europa.eu//press/key/date/2019/html/ecb.sp190614~509788164a.en.html
Despite the somewhat better than expected data for the first quarter… https://www.bis.org/review/r190612b.pdf
Based on our regular economic and monetary analyses, we have conducted a thorough assessment of the economic and inflation outlook, also taking into account the latest staff macroeconomic projections for the euro area. https://www.bis.org/review/r190606g.htm
The Governing Council of the European Central Bank (ECB) today decided on key parameters of the new series of targeted longer-term… https://www.ecb.europa.eu//press/pr/date/2019/html/ecb.pr190606~d1b6e3247d.en.html
On 10 May 2019 the Governing Council adopted Guideline ECB/2019/11 amending Guideline (EU) 2015/510 on the implementation of the Eurosystem monetary policy framework…
The economic literature – both theoretical and empirical – finds a link between heightened uncertainty and lower economic activity in the short run… https://www.ecb.europa.eu//press/key/date/2019/html/ecb.sp190515_1~8105888d6c.en.html
Using newly available information on euro area sectoral holdings of securities, we investigates to what extent the presence of institutional investors affects volatility and liquidity in secondary bank bond markets… https://www.ecb.europa.eu//pub/pdf/scpwps/ecb.wp2276~09300538fd.en.pdf