European Central Bank

Event

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- Programme
- @TARGET_ECB

In focus
Press releases1
Speeches
Interviews
Publications
Legal acts

22 October 2018 MONETARY POLICY

Press conference on Thursday, 25 October 2018

ECB President Mario Draghi and Vice-President Luis de Guindos explain the Governing Council’s monetary policy decisions and answer questions from journalists.

The press conference starts at 14:30 CET.

23 October 2018PUBLICATION

Survey shows rising demand for loans

Households and companies are seeking to borrow more, the third-quarter bank lending survey shows. Banks say credit standards keep easing for loans to enterprises, less so for housing loans. Looking ahead, banks expect broadly unchanged credit standards for enterprises and net easing for housing loans.

23/10/2018: Results of the October 2018 euro area bank lending survey
ENGLISH
19/10/2018: Euro area monthly balance of payments: August 2018
ENGLISH
16/10/2018: Consolidated financial statement of the Eurosystem as at 12 October 2018
ENGLISH
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БългарскиBG ČeštinaCS DanskDA DeutschDE EλληνικάEL EspañolES Eesti keelET SuomiFI FrançaisFR HrvatskiHR MagyarHU ItalianoIT LietuviųLT LatviešuLV MaltiMT NederlandsNL PolskiPL PortuguêsPT RomânăRO SlovenčinaSK SlovenščinaSL SvenskaSV

Commentary
ENGLISH
11/10/2018: Account of the monetary policy meeting
ENGLISH
09/10/2018: Staff statement following the tenth post-programme mission to Spain
ENGLISH

All press releases

17/10/2018: Peter Praet: Economic policymaking under uncertainty
Speech by Peter Praet, Member of the Executive Board of the ECB, at the “la Caixa” Chair for Economics and Society conference, Madrid, 17 October 2018
ENGLISH
15/10/2018: Luis de Guindos: Euro area and Spain: current status and challenges ahead
Remarks by Luis de Guindos, Vice-President of the ECB, at the Ist Edition of the Prize José Echegaray of elEconomista, Madrid, 15 October 2018
ENGLISH
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EspañolES
12/10/2018: Mario Draghi: IMFC Statement
Statement by Mario Draghi, President of the ECB, at the thirty-eighth meeting of the International Monetary and Financial Committee, Bali (Indonesia), 12 October 2018
ENGLISH
12/10/2018: Sabine Lautenschläger: Guardians of stability – Central Banks, supervisors and the quest for financial stability
Speech by Sabine Lautenschläger, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, Central Bank of Malta, Valletta, 12 October 2018
ENGLISH
10/10/2018: Yves Mersch: Monetary policy in the euro area - a brief assessment
Speaking points by Yves Mersch, Member of the Executive Board of the ECB, at the MNI Connect Roundtable, Singapore, 10 October 2018
ENGLISH

All speeches

01/10/2018: Benoît Cœuré: Interview with Der Tagesspiegel
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Carla Neuhaus on 19 September 2018 published on 1 October 2018
ENGLISH
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DeutschDE
05/09/2018: Benoît Cœuré: Interview with Kathimerini
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Eirini Chrysolora and published on 5 September 2018
ENGLISH
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EλληνικάEL
05/08/2018: Sabine Lautenschläger: Interview with Welt am Sonntag
Interview with Sabine Lautenschläger, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, conducted by Anja Ettel and Anne Kunz on 30 July 2018 and published on 5 August 2018
ENGLISH
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DeutschDE
09/07/2018: Benoît Cœuré: Interview with Bloomberg TV
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Caroline Connan and broadcast on 9 July 2018
ENGLISH
25/06/2018: Benoît Cœuré: Interview with Le Figaro
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Fabrice Nodé-Langlois and published on 25 June 2018
ENGLISH
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FrançaisFR

All interviews

22/10/2018: The euro area bank lending survey – Third quarter of 2018
ENGLISH
ENGLISH

Annex to the euro area bank lending survey
ENGLISH
16/10/2018: Working paper no. 2187: Is the top tail of the wealth distribution the missing link between the Household Finance and Consumption Survey and national accounts?
ENGLISH
16/10/2018: Working paper no. 2186: Interest rate spreads and forward guidance
ENGLISH
16/10/2018: Research bulletin no. 51: Common factors of commodity prices
ENGLISH
ENGLISH
15/10/2018: Working paper no. 2185: Beyond spreads: measuring sovereign market stress in the euro area
ENGLISH
12/10/2018: Working paper no. 2184: Trust and the household-bank relationship
ENGLISH
12/10/2018: Working paper no. 2183: (Un)conventional policy and the effective lower bound
ENGLISH
11/10/2018: Working paper no. 2182: A framework for early-warning modeling with an application to banks
ENGLISH
04/10/2018: Occasional paper no. 214: Systemic liquidity concept, measurement and macroprudential instruments
ENGLISH
02/10/2018: Geographical allocation of euro area portfolio investment income debits
Methodological notes
ENGLISH

All publications

12/10/2018: Recommendation of the ECB of 4 October 2018 to the Council of the European Union on the external auditors of Lietuvos bankas (ECB/2018/23)
ENGLISH
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БългарскиBG ČeštinaCS DanskDA DeutschDE EλληνικάEL EspañolES Eesti keelET SuomiFI FrançaisFR HrvatskiHR MagyarHU ItalianoIT LietuviųLT LatviešuLV MaltiMT NederlandsNL PolskiPL PortuguêsPT RomânăRO SlovenčinaSK SlovenščinaSL SvenskaSV
11/10/2018: Decision of the ECB of 8 October 2018 amending Decision ECB/2007/7 concerning the terms and conditions of TARGET2-ECB (ECB/2018/24)
ENGLISH
28/09/2018: Opinion on the establishment of a national insurance claims database (CON/2018/43)
Ireland,
ENGLISH
14/09/2018: Recommendation of the ECB of 6 September 2018 to the Council of the European Union on the external auditors of Banco de España (ECB/2018/22)
ENGLISH
OTHER LANGUAGES (22) +

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БългарскиBG ČeštinaCS DanskDA DeutschDE EλληνικάEL EspañolES Eesti keelET SuomiFI FrançaisFR HrvatskiHR MagyarHU ItalianoIT LietuviųLT LatviešuLV MaltiMT NederlandsNL PolskiPL PortuguêsPT RomânăRO SlovenčinaSK SlovenščinaSL SvenskaSV
11/09/2018: Opinion on amendments to the reform of popolari banks and cooperative banks (CON/2018/42)
Italy,
ENGLISH
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ItalianoIT

All legal acts

9 October 2018JOURNALIST SEMINAR

Apply now for our journalist seminar in November

Are you a journalist interested in monetary policy? Sign up now for our journalist seminar on 20-21 November. You’ll take part in interactive sessions with policymakers and experts, discussing the foundation of monetary policy and the tasks of the ECB.

EXPLAINER

Why do statistics matter?

On 20 October we’re celebrating European Statistics Day! Statistics are important for the ECB as they support our decision-making processes. We cooperate with other EU institutions to gather and analyse a broader set of statistical data.

Interest rates

Marginal lending facility	0.25 %
Main refinancing operations (fixed rate)	0.00 %
Deposit facility	− 0.40 %

Effective from 16 March 2016

Past key ECB interest rates

Inflation rates

Full inflation chart
Inflation dashboard

Reference rates

USD	US dollar	1.1494
JPY	Japanese yen	129.63
GBP	Pound sterling	0.88425
CHF	Swiss franc	1.1456

Last update: Monday, 22 October 2018 Euro foreign exchange rates

Financial stability

Market operations

Multimedia

20 years of ESCB statistics: What's next?
20th anniversary – Staff testimonials / First Day at the ECB
ECB Forum on Central Banking 2018
How are Executive Board members chosen?
Interview with Vítor Constâncio. ECB Vice-President (2011 – 2018)
Financial Stability Review - May 2018
Vítor Constâncio interview on the Financial Stability Review - May 2018
How does the euro help Europeans do business?
What is ethical hacking?
Generation €uro Students' Award 2018
Communications challenges for policy effectiveness, accountability and reputation
Meeting the #EuroVideoChallenge finalists at the award ceremony
What is TARGET Instant Payment Settlement (TIPS)?
#ECBYouthDialogue - Dublin, Ireland
Highlights ECB Forum on Central Banking 2017
#ECBYouthDialogue - Lisbon 2017
Interview Vítor Constâncio on Financial Stability Review
EU Open Days - May 2017
Generation €uro Students' Award 2017
The new €50 banknote is now in circulation
How quantitative easing works
15 years of the euro
Inside the Asset Purchase Programme
ECB and the Eurosystem explained in 3 min.

Estonian Art Vernissage - 27 June 2018
ECB Forum on Central Banking - 18/20 June 2018
ECB Press Conference - 14 June 2018
EU Open Day - 5 May 2018
Joint Conference of the European Central Bank and the European Commission - 3 May 2018
ECB Press Conference - 26 April 2018
Generation €uro Students’ Award - 10 -11 April 2018
Luminale: Cross Hatch - 18 March 2018
ECB Press Conference - 8 March 2018
Central Bank Communications Conference - 14-15 November 2017
2017 #EuroVideoChallenge Award Ceremony in Lyon - 9 November 2017
European Cultural Days - 26 October 2017
ECB Press Conference - 26 October 2017
Inauguration ECB Visitor Centre – 4 October 2017
Sendung mit der Maus - 3 October 2017
#ECBYouthDialogue, Dublin - 22 September 2017
Opening of the Cyprus Contemporary Art Exhibition - 20 September 2017
ECB Press Conference - 7 September 2017
ECB Press Conference - 20 July 2017
#ECBYouthDialogue - 26 June 2017, Lisbon, Portugal
ECB Forum on Central Banking - Sintra, Portugal, 26-28 June 2017
ECB Press Conference - 8 June 2017, Tallinn
EU Open Day in Brussels - 6 May 2017
ECB Open Day for women in technical fields - 04 May 2017
ECB Press Conference - 27 April 2017
The new €50 banknote - 4 April 2017
Generation Euro Students' Award - 4/5 April 2017
Europe's digital integrated market - 31 January 2017
25 November 2016 UN Orange Day
17 October 2016 Cultural Days Opening Concert
3 October 2016 Türen Auf!
Unveiling of the new €50 banknote
Young Economists at ECB Forum on Central Banking
ECB Main Building
Luminale 2016 - ECB's illuminated buildings

The international role of the euro, June 2018
Financial integration in Europe, May 2018
ECB Legal Conference 2017 - Shaping a new legal order for Europe: a tale of crises and opportunities
ECB Forum on Central Banking - Investment and growth in advanced economies
Legal framework of the Eurosystem and the European System of Central Banks. ECB legal acts and instruments
Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull
The monetary policy of the ECB
The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field