How are house prices, sales and consumption of household goods affected by our monetary policy?
Read #TheECBBlog to find out europa.eu/!kdPvg3
#TheECBBlog
Trade tensions between China and the United States mean exports may be redirected to the euro area. This could bring down inflation by as much as 0.15 percentage points. Read #TheECBBlog europa.eu/!RmJ4N4
Europe must finance its green, digital and defence transitions. As new defence commitments place increased pressure on national and EU budgets, #TheECBBlog outlines a strategy on how to fund these challenges europa.eu/!w9Xrdd
Over the last 25 years the EU’s trading partners have become less democratic, contrary to the required values-based trade policy. #TheECBBlog investigates the background of this development and the dynamics at play europa.eu/!bXfHQC
For the euro to reach its full potential, Europe must strengthen three foundational pillars: geopolitical credibility, economic resilience and legal and institutional integrity.
Read my blog post in #TheECBBlog www.ecb.europa.eu/press/blog/d...
The shift that is under way in the global order offers opportunities for the euro to gain global prominence, President Christine Lagarde writes in #TheECBBlog. Increasing the euro’s global status would bring tangible benefits for the euro area www.ecb.europa.eu/press/blog/d...
Geopolitical tensions and trade policy uncertainty are injecting unpredictability into global financial markets. #TheECBBlog presents a new risk appetite indicator to systematically track such shifts in market sentiment europa.eu/!MqV6J9
Foreign workers play an increasingly important role in the euro area labour markets. #TheECBBlog finds that the influx of foreign workers has secured robust economic growth in recent years europa.eu/!FYg4wP
Lasting high energy prices are putting pressure on industries all across Europe. This is hitting some regions, such as southern Germany, the Ruhr and northern Italy, harder than others. #TheECBBlog examines the implications for employment europa.eu/!k484F4
How might European consumers react to US trade tariffs? The #TheECBBlog uses Consumer Expectations Survey data to investigate. It finds that many consumers are very willing to switch away from US products – and are not just motivated by price concerns, but shifting preferences europa.eu/!mK8vDw
In 2024, reinvestments under the pandemic emergency purchase programme came to an end. In a new blog post, Imène Rahmouni-Rousseau and @isabelschnabel.bsky.social revisit the programme’s implementation in the light of newly published data.
Read #TheECBBlog www.ecb.europa.eu/press/blog/d...
One year after its announcement, the new operational framework is working as intended as the Eurosystem's balance sheet normalises. #TheECBBlog assesses how banks and money markets have adjusted to the new environment europa.eu/!n76Xny
Central banks usually seek to align very short-term interest rates in the money market with their own policy rate.
#TheECBBlog shows that monetary policy is more effective if market fluctuations are small www.ecb.europa.eu/press/blog/d...
Military and diplomatic conflicts harm economic growth. #TheECBBlog shows that the expected length of wars matters for how strongly they weigh on consumer sentiment europa.eu/!chCwDP
Institutional investors are buying up residential real estate across Europe. This pushes up housing prices and amplifies monetary policy changes, as #TheECBBlog shows europa.eu/!RGkXhD
AI tools can help to tackle economic problems and could bring large productivity gains. However, benefits can only materialise when firms actually use AI, #TheECBBlog shows europa.eu/!mcGvXW
The gender gap in labour markets is narrowing. But this process has slowed down. #TheECBBlog gives an overview of recent developments for all euro area countries
Read more here europa.eu/!3fqrkR
At the heart of the euro area’s competitiveness challenges lies weak productivity growth. #TheECBBlog looks at how this makes it more difficult to carry out monetary policy.
Read here europa.eu/!Gw4PgY
The monetary policies of the ECB and the US Federal Reserve are not always in sync. But how does the Fed’s policy affect the euro area economy? #TheECBBlog looks at how monetary policy in the United States travels across the Atlantic.
Read here europa.eu/!BhYDhF
Central banks project future developments based on data patterns of the past and a set of assumptions. Crises can change structures, complicating this forecasting.
#TheECBBlog explains how scenario, risk and sensitivity analyses address the new uncertainty. www.ecb.europa.eu/press/blog/d...