ECB - European Central Bank Press Releases - EIN Presswire

Published on July 23, 2024 - 13:23 GMT

Repo markets: Understanding the effects of a declining Eurosystem market footprint

23 July 2024 By Svetla Daskalova, Federico Maria Ferrara, Pedro Formoso da Silva, Pamina Karl and Thomas Vlassopoulos[1] Repo markets are vital for banks to source liquidity and securities. They also represent an essential link in the monetary policy …

Distribution channels: Banking, Finance & Investment Industry

Published on July 23, 2024 - 08:33 GMT

Luis de Guindos: Interview with Europa Press

23 July 2024 Last Thursday’s meeting seems to have left everything open with regard to September. We based our decision on the data we received since the last monetary policy meeting in June. For inflation, those data are practically in line with our …

Distribution channels: Banking, Finance & Investment Industry

Published on July 23, 2024 - 08:33 GMT

Philip R. Lane: Opening remarks

It is beyond the scope of these opening remarks to review last week’s monetary policy meetings. However, a set of background slides are available on the ECB’s website. For instance, see Ferrando, A. and Forti Grazzini, C. (2023), “Monetary policy shocks …

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Published on July 23, 2024 - 08:33 GMT

Different household – different inflation rate

by Regina Kiss and Georg Strasser[1] Households differ considerably in terms of the inflation they experience at any point in time. The main reasons for this are that prices (and thus price changes) differ from place to place and that households do not all …

Distribution channels: Banking, Finance & Investment Industry

Published on July 19, 2024 - 11:43 GMT

The ECB Survey of Professional Forecasters - Third quarter of 2024

In the ECB’s Survey of Professional Forecasters (SPF) for the third quarter of 2024, expectations for headline HICP inflation were largely unchanged from the previous survey (conducted in the second quarter of 2024).[1] Headline inflation was expected to …

Distribution channels: Banking, Finance & Investment Industry

Published on July 19, 2024 - 11:40 GMT

Euro area monthly balance of payments: May 2024

19 July 2024 Current account recorded €37 billion surplus in May 2024, unchanged from the previous month Current account surplus amounted to €349 billion (2.4% of euro area GDP) in the 12 months to May 2024, after a balanced account one year earlier In …

Distribution channels: Banking, Finance & Investment Industry

Published on July 19, 2024 - 11:40 GMT

Results of the ECB Survey of Professional Forecasters for the third quarter of 2024

19 July 2024 Inflation expectations unchanged for 2024 and 2025, at 2.4% and 2.0% respectively, and revised marginally downwards for 2026 to 1.9%; longer-term inflation expectations (for 2029) stand at 2.0% Real GDP growth expectations broadly unchanged …

Distribution channels: Banking, Finance & Investment Industry

Published on July 19, 2024 - 11:40 GMT

ECB publishes indicative operational calendars for 2025

19 July 2024 ECB publishes indicative calendars for Eurosystem’s regular tender operations and reserve maintenance periods for 2025 The European Central Bank (ECB) today published the indicative calendars for the Eurosystem’s regular tender operations and …

Distribution channels: Banking, Finance & Investment Industry

Published on July 16, 2024 - 08:26 GMT

The euro area bank lending survey - Second quarter of 2024

In the July 2024 bank lending survey (BLS), euro area banks reported a very small further tightening of their credit standards for loans or credit lines to enterprises in the second quarter of 2024 (net percentage of banks of 3%; see Overview table).[1] …

Distribution channels: Banking, Finance & Investment Industry

Published on July 16, 2024 - 08:23 GMT

July 2024 euro area bank lending survey

16 July 2024 Credit standards were broadly unchanged at tight levels in the second quarter of 2024 Loan demand continued to decline for firms, while recording the first increase for households since 2022 Credit standards for firms displayed some …

Distribution channels: Banking, Finance & Investment Industry

Published on July 15, 2024 - 12:24 GMT

Survey on the Access to Finance of Enterprises in the euro area

This report presents the main results of the 31st round of the Survey on the Access to Finance of Enterprises (SAFE) in the euro area, which was conducted between 28 May and 20 June 2024. In this survey round, firms were asked about economic and financing …

Distribution channels: Banking, Finance & Investment Industry

Published on July 15, 2024 - 12:22 GMT

Survey on the Access to Finance of Enterprises: moderate tightening in reported financing conditions

15 July 2024 Euro area enterprises signalled more positive developments as regards the supply of bank loans, reflected in a slight increase in bank loan availability, fewer obstacles to obtaining loans, as well as an improvement in banks’ willingness to …

Distribution channels: Banking, Finance & Investment Industry

Published on July 10, 2024 - 14:06 GMT

Results of the June 2024 Survey on credit terms and conditions in euro-denominated securities financing and over-the-counter ...

10 July 2024 Credit terms and conditions eased somewhat over the period from March to May 2024 The maximum amount of funding, maximum maturity of funding and demand for funding increased across many types of collateral Improved liquidity and trading …

Distribution channels: Banking, Finance & Investment Industry

Published on July 10, 2024 - 13:58 GMT

The geopolitics of green minerals

10 July 2024 By Jakob Feveile Adolfsen, Danielle Kedan and Marie-Sophie Lappe The green transition will significantly increase demand for key minerals over the coming decades. The impact on energy prices will ultimately depend on how supply adjusts. The …

Distribution channels: Banking, Finance & Investment Industry

Published on July 4, 2024 - 20:21 GMT

Meeting of 5-6 June 2024

Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 5-6 June 2024 4 July 2024 1. Review of financial, economic and monetary developments and policy options …

Distribution channels: Banking, Finance & Investment Industry

Published on July 4, 2024 - 15:30 GMT

Piero Cipollone: Artificial intelligence: a central bank’s view

Keynote speech by Piero Cipollone, Member of the Executive Board of the European Central Bank, at the National Conference of Statistics on official statistics at the time of artificial intelligence Rome, 4 July 2024 It is a pleasure to be here today to …

Distribution channels: Banking, Finance & Investment Industry

Published on July 4, 2024 - 10:22 GMT

Euro area quarterly balance of payments and international investment position: first quarter of 2024

04 July 2024 Current account surplus at €307 billion (2.1% of euro area GDP) in four quarters to first quarter of 2024, after €33 billion deficit (0.2% of GDP) a year earlier. Goods trade showed deficit in energy products of €299 billion in four quarters …

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Published on July 4, 2024 - 10:22 GMT

Euro area bank interest rate statistics: May 2024

4 July 2024 Bank interest rates for corporations Chart 1 Bank interest rates on new loans to, and deposits from, euro area corporations (percentages per annum) Data for cost of borrowing and deposit interest rates for corporations (Chart 1)The composite …

Distribution channels: Banking, Finance & Investment Industry

Published on July 4, 2024 - 10:22 GMT

Households and non-financial corporations in the euro area: first quarter of 2024

4 July 2024 Households' financial investment increased at unchanged annual rate of 2.0% in first quarter of 2024 Non-financial corporations' financing grew at broadly unchanged annual rate of 0.7% Non-financial corporations' gross operating …

Distribution channels: Banking, Finance & Investment Industry

Published on July 4, 2024 - 10:15 GMT

How euro area firms’ inflation expectations affect their business decisions

4 July 2024 By Ursel Baumann, Annalisa Ferrando, Dimitris Georgarakos, Yuriy Gorodnichenko, Judit Rariga and Timo Reinelt Firms’ inflation expectations are key for monetary policy makers. The ECB Blog presents new survey data on these expectations, …

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