Tag: ECB
-
Price-setting ability in money markets
The market structure for unsecured overnight lending can influence both liquidity conditions and interest rate pass-through.
-
Giving meaning to words (with numbers)
Sentiment analysis helps track the language used in economic policy – and how it develops over time.
-
Untangling liquidity cycle asymmetry
The 2022-2024 rate hiking and cutting cycle is an excellent case study for monetary policy transmission.
-
What the private sector thinks of governments’ spending splurge
It is substantively true to characterise current noncrisis government spending patterns as something unprecedented in modern history.
-
Fed v. ECB interest rates: which are better?
Looking into how two giants across the Atlantic compare.
-
The power of words
From ancient Greek rhetoricians to the modern-day everyman, words and the art of expression have been used for millennia as the precursor to communication. They have also shaped history.
-
The story of how I (almost) met Christine Lagarde
Articles and opinion pieces are fun to write – and read, I hope. They offer food for thought, arouse different emotions and give a glimpse into the workings of the global economy and international political landscape. However, focusing too much on analysing data and economic trends may sometimes stray us away from what truly defines…
-
Visual guide to the euro area economy
The following data is sourced from either the statistical office of the European Union (Eurostat) or the ECB. The graphs and most of the text were originally created by the author for another work. A picture is worth a thousand words Finding the time to read the latest economic reports and analyses can be a…
-
Why central banks are so reluctant to cut rates
Should tight financing conditions that are thwarting economic growth be lifted? As inflation keeps plummeting, cutting rates is a question of «when», not «if».
-
Frankfurt’s verdict – the Eurosystem’s economic outlook
It’s that exciting time again – the ECB’s main decision-making body, its Governing Council, has set the key interest rates in the euro area. The European Central Bank’s president, Christine Lagarde, announced in a press release last week the Governing Council’s latest outlook for monetary conditions within the Eurosystem, strongly stating the direction of monetary…
