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    ECB Forum – young economists wanted!

    Are you a PhD student in economics or finance? Do you want to present your research to policymakers and top academics? Apply to our young economists’ competition and win a trip to the ECB Forum on Central Banking in Sintra, Portugal – the final winner receives a €10,000 prize.

15 February 2019SPEECH

The euro’s role in a changing world

The global role of the euro is primarily a market-led process, says Executive Board member Benoît Cœuré. However, policies to make the euro area more robust will also benefit the international role of the euro – this may have tangible consequences for monetary policy.

11 February 2019SPEECH

Our current monetary policy status

Economic data in the euro area have been weaker than expected in recent months, says Vice-President Luis de Guindos. But, although near-term growth is likely to be weaker than foreseen, the conditions for ongoing economic growth remain in place.

15/02/2019
Benoît Cœuré: The euro’s global role in a changing world: a monetary policy perspective
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Council on Foreign Relations, New York City, 15 February 2019
13/02/2019
Sabine Lautenschläger: Risks to banks – from inside and out
Speech by Sabine Lautenschläger, Member of the Executive Board of the ECB, at the 14th Asia-Pacific High-level meeting on Banking Supervision, in Sydney, 13 February 2019
11/02/2019
Luis de Guindos: The euro area: current status and the monetary policy stance
Remarks by Luis de Guindos, Vice-President of the ECB, at Deusto Business School, Madrid, 11 February 2019
07/02/2019
Yves Mersch: Promoting innovation and integration in retail payments to achieve tangible benefits for people and businesses
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the American European Community Association, Brussels, 7 February 2019
04/02/2019
Yves Mersch: The changing role of central banking
Speech by Yves Mersch, Member of the Executive Board of the ECB, at Lamfalussy Lectures Conference of Lamfalussy Award at Central Bank of Hungary, Budapest, 4 February 2019

All speeches

07/02/2019
Benoît Cœuré: Interview with Barron’s
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Pierre Briançon on 5 February 2019 and published on 7 February 2019
01/02/2019
Sabine Lautenschläger: Interview with hr-iNFO – the Interview
Interview with Sabine Lautenschläger, Member of the Executive Board of the European Central Bank and Vice-Chair of the Supervisory Board of the ECB, conducted by Mariela Milkowa on 29 January 2019 and broadcast on 1 February 2019
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25/01/2019
Benoît Cœuré: Interview with Bloomberg TV
Interview with Benoît Cœuré, Member of the Executive Board of the ECB, conducted by Francine Lacqua on 25 January 2019
17/01/2019
Sabine Lautenschläger: Interview with Politico
Interview with Sabine Lautenschläger, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, conducted by Politico on 14 January 2019 and published on 17 January 2019
16/01/2019
Yves Mersch: Interview with Hospodarske noviny
Interview with Yves Mersch, Member of the Executive Board of the ECB, conducted by Kristina Votrubova on 11 January 2019
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All interviews

13/02/2019
Opinion on a proposal for a Council Decision on the conclusion of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community  (CON/2019/06)
12/02/2019
Opinion on banning the use of euro 500 denomination banknotes and on certain amendments to anti-money laundering legislation (CON/2019/05)
Denmark, 
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01/02/2019
Opinion on limitations to cash payments (CON/2019/04)
Spain, 
ENGLISH
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30/01/2019
Opinion on remuneration for executives and senior management in Narodowy Bank Polski (CON/2019/03)
Poland, 
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23/01/2019
Decision (EU) 2019/137 of the ECB of 23 January 2019 on the selection of Eurosystem Single Market Infrastructure Gateway (ESMIG) network service providers (ECB/2019/2)

All legal acts

7 February 2019ECONOMIC BULLETIN

ECB publishes Economic Bulletin
Issue 1, 2019

The Economic Bulletin presents the economic and monetary information which forms the basis for the Governing Council’s policy decisions.

It is released eight times a year, two weeks after each monetary policy meeting.

Interest rates

Marginal lending facility 0.25 %
Main refinancing operations (fixed rate) 0.00 %
Deposit facility − 0.40 %
Effective from 16 March 2016

Inflation rates

Full inflation chart
Inflation dashboard

Reference rates

USD US dollar 1.1260
JPY Japanese yen 124.45
GBP Pound sterling 0.87938
CHF Swiss franc 1.1340
Last update: Friday, 15 February 2019 Euro foreign exchange rates

Multimedia

  • Travelogue: ECB Executive Board member Benoît Cœuré visiting Vorwerk factory in Cloyes-sur-le-Loir

  • Unveiling of the New 100 and 200 Euro Banknotes

  • 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.

  • ECB Press Conference - 25 October 2018

  • European Cultural Days - 25 September 2018

  • Visit of German Federal President Steinmeier to the ECB - 26 Sep 2018

  • ECB Press Conference - 13 September 2018

  • New €100 & €200 - Security features

  • 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 - cover image

    The international role of the euro, June 2018

  • Financial integration in Europe, May 2018 - cover image

    Financial integration in Europe, May 2018

  • Price and wage-setting in advanced economies - cover image

    Price and wage-setting in advanced economies

  • ESCB Legal Conference 2018 - cover image

    ESCB Legal Conference 2018

  • Legal framework of the Eurosystem and the European System of Central Banks. ECB legal acts and instruments - cover image

    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 - cover image

    Statistics for Economic and Monetary Union. Enhancements and new directions, 2003-12, by Peter Bull

  • The monetary policy of the ECB - cover image

    The monetary policy of the ECB

  • The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field - cover image

    The payment system – payments, securities and derivatives, and the role of the Eurosystem in this field