Menu

Monetary policy

20/10/2020
Isabel Schnabel: Don’t take it for granted: the value of high-quality data and statistics for the ECB’s policymaking
Blog post by Isabel Schnabel, Member of the Executive Board of the ECB

Summary

High-quality data and statistics provide indispensable input for sound policy decisions, including at the ECB, writes Executive Board member Isabel Schnabel. Today’s World Statistics Day reminds us of the importance of data we can trust.

19/10/2020
Yves Mersch: The ECB’s monetary policy amid the pandemic
Introductory remarks by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the MNI Connect Roundtable
19/10/2020
Christine Lagarde: Interview with Le Monde
Interview with Christine Lagarde, President of the ECB, conducted by Marie Charrel and Eric Albert
English
OTHER LANGUAGES (1) +
Select your language
18/10/2020
Christine Lagarde: Remarks at the G30 International Banking Seminar
Contribution by Christine Lagarde, President of the ECB, during the session “Rebuilding and Sustaining Growth”
17/10/2020
Fabio Panetta: Interview with Kathimerini
Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Eirini Chrysolora
English
OTHER LANGUAGES (2) +
Select your language
15/10/2020
Christine Lagarde: IMFC Statement
Statement by Christine Lagarde, President of the ECB, at the forty-second meeting of the International Monetary and Financial Committee
12/10/2020
Isabel Schnabel: Pulling together: fiscal and monetary policies in a low interest rate environment
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Interparliamentary Conference on Stability, Economic Coordination and Governance in the European Union
08/10/2020
Yves Mersch: European economic governance: early lessons from the crisis
Keynote speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Conference “The Werner Report, 50 Years on”, organised by the Luxembourg Centre for Contemporary and Digital History in cooperation with EUI Florence
07/10/2020
Christine Lagarde: Written interview with Harvard International Review
Interview with Christine Lagarde, President of the ECB
06/10/2020
Philip R. Lane: The ECB’s monetary policy in the pandemic: meeting the challenge
Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the 62nd NABE Annual Meeting “Global Reset? Economics, Business, and Policy in the Pandemic”
01/10/2020
Luis de Guindos: Interview with Market News International
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Luke Heighton on 29 September 2020
30/09/2020
ECB publishes statement of compliance of €STR with IOSCO Principles for Financial Benchmarks
30/09/2020
Christine Lagarde: The monetary policy strategy review: some preliminary considerations
Speech by Christine Lagarde, President of the ECB, at the “ECB and Its Watchers XXI” conference
28/09/2020
Christine Lagarde: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement by Christine Lagarde, President of the ECB, at the ECON Committee of the European Parliament (by videoconference)
28/09/2020
Isabel Schnabel: When markets fail – the need for collective action in tackling climate change
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the European Sustainable Finance Summit, Frankfurt am Main, 28 September 2020
28/09/2020
ECB amends monetary policy implementation guidelines
24/09/2020
Philip R. Lane: Q&A on Twitter
Interview on Twitter with Philip R. Lane, Member of the Executive Board of the ECB, conducted on 24 September 2020
23/09/2020
Yves Mersch: Interview with Bloomberg
Interview with Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, conducted by Paul Gordon and Carolynn Look
22/09/2020
Fabio Panetta: Asymmetric risks, asymmetric reaction: monetary policy in the pandemic
Speech by Fabio Panetta, Member of the Executive Board of the ECB, at the meeting of the ECB Money Market Contact Group
22/09/2020
ECB to accept sustainability-linked bonds as collateral
21/09/2020
Christine Lagarde: Jointly shaping Europe’s tomorrow
Introductory remarks by Christine Lagarde, President of the ECB, at the Franco-German Parliamentary Assembly, 21 September 2020
English
OTHER LANGUAGES (2) +
Select your language
20/09/2020
Luis de Guindos: Interview with La Razón
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Jesús Rivasés on 14 September 2020
English
OTHER LANGUAGES (1) +
Select your language
18/09/2020
Isabel Schnabel: Unequal scars – distributional consequences of the pandemic
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the panel discussion “Verteilung der Lasten der Pandemie” (“Sharing the burden of the pandemic”), Deutscher Juristentag 2020
English
OTHER LANGUAGES (1) +
Select your language
Slides
English
OTHER LANGUAGES (1) +
Select your language
17/09/2020
ECB’s Governing Council says that exceptional circumstances justify leverage ratio relief
16/09/2020
Isabel Schnabel: Interview with Agence France-Presse (AFP)
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Jean-Philippe Lacour
English
OTHER LANGUAGES (1) +
Select your language
15/09/2020
Fabio Panetta: Healing after the pandemic: supporting and sustaining the recovery
Speech by Fabio Panetta, Member of the Executive Board of the ECB, at the 24th Economist Roundtable with the Government of Greece
English
OTHER LANGUAGES (1) +
Select your language
13/09/2020
Christine Lagarde: Remarks at the Annual Meeting of the Council of Governors of the Arab Central Banks and Monetary Authorities
Contribution by Christine Lagarde, President of the ECB during the session “Economic, financial and monetary impact of COVID-19 pandemic, and post-crisis options for policies and tools”
11/09/2020
Isabel Schnabel: The shadow of fiscal dominance: Misconceptions, perceptions and perspectives
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Centre for European Reform and the Eurofi Financial Forum on “Is the current ECB monetary policy doing more harm than good and what are the alternatives?”
11/09/2020
Philip R. Lane: The outlook for the euro area
Blog post by Philip R. Lane, Member of the Executive Board of the ECB

Summary

Our current measures are providing crucial support to the economic recovery in the euro area, writes Chief Economist Philip R. Lane. But there is no room for complacency as inflation remains far below the aim and risks continue to be tilted to the downside.

10/09/2020
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 10 September 2020
10/09/2020
Monetary policy decisions
31/08/2020
Isabel Schnabel: Interview with Reuters
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Balazs Koranyi and Frank Siebelt on 28 August 2020 and published on 31 August 2020
28/08/2020
ECB extends euro liquidity lines with two central banks
27/08/2020
Philip R. Lane: Interview with CNBC
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Steve Liesman on 27 August 2020 and broadcast on 27 August 2020
27/08/2020
Philip R. Lane: The pandemic emergency: the three challenges for the ECB
Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Jackson Hole Economic Policy Symposium, Federal Reserve Bank of Kansas City “Navigating the Decade Ahead: Implications for Monetary Policy”
26/08/2020
Isabel Schnabel: Going negative: the ECB’s experience
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the EEA Roundtable on Monetary Policy, Low Interest Rates and Risk Taking at the 35th Congress of the European Economic Association
20/08/2020
Reduction in frequency of 7-day US dollar liquidity-providing operations as of 1 September 2020
19/08/2020
Fabio Panetta, Isabel Schnabel: The provision of euro liquidity through the ECB’s swap and repo operations
Blog post by Fabio Panetta and Isabel Schnabel, Members of the Executive Board of the ECB

Summary

The ECB’s swap and repo lines are essential stabilising tools in the coronavirus crisis. In a joint Blog post, Executive Board members Fabio Panetta and Isabel Schnabel explain how these tools reduce funding risks, prevent financial contagion and support the euro’s use in global transactions.

18/08/2020
ECB and Central Bank of the Republic of San Marino set up repo line to provide euro liquidity
18/08/2020
ECB and National Bank of the Republic of North Macedonia set up repo line to provide euro liquidity
04/08/2020
Philip R. Lane: The macroeconomic impact of the pandemic and the policy response
Blog post by Philip R. Lane, Member of the Executive Board of the ECB

Summary

While there has been some rebound in economic activity, the level of economic slack remains extraordinarily high and the outlook highly uncertain, writes Chief Economist Philip R. Lane. Progress in containing the virus will be central in determining the size and speed of the recovery.

31/07/2020
Christine Lagarde: Interview with Le Courrier Cauchois
Interview with Christine Lagarde, conducted by Dominique Lecoq and Marc Aubault on 29 July and published on 31 July
English
OTHER LANGUAGES (1) +
Select your language
27/07/2020
Fabio Panetta: Interview with La Repubblica
Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 27 July 2020
English
OTHER LANGUAGES (1) +
Select your language
26/07/2020
Luis de Guindos: Interview with El Independiente
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Casimiro García Abadillo on 21 July 2020 and published on 26 July 2020
English
OTHER LANGUAGES (1) +
Select your language
24/07/2020
ECB announces public consultation on the publication of compounded €STR rates
23/07/2020
Christine Lagarde: Europe’s response to the crisis
Blog post by Christine Lagarde, President of the ECB

Summary

Learning the lessons of the past, Europe has moved towards a new model for dealing with crises, writes President Christine Lagarde in The ECB Blog. We have shown that we can act quickly, adapt our institutions and lay the groundwork for forging a new Europe.

23/07/2020
ECB and Magyar Nemzeti Bank set up repo line to provide euro liquidity
23/07/2020
Christine Lagarde: Interview with The Washington Post
Video interview with Christine Lagarde, President of the ECB, conducted live by David Ignatius on 22 July 2020
22/07/2020
Luis de Guindos: Building the Financial System of the 21st Century
Speech by Luis de Guindos, Vice-President of the ECB, at the 18th annual symposium on “Building the Financial System of the 21st Century: an Agenda for Europe and the United States” organised by the Program on International Financial Systems and Harvard Law School (by videoconference)
21/07/2020
Isabel Schnabel: Interview with Expansión
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Andrés Stumpf on 16 July and published on 21 July 2020
English
OTHER LANGUAGES (1) +
Select your language
17/07/2020
ECB and National Bank of Serbia set up repo line to provide euro liquidity
17/07/2020
ECB and Bank of Albania set up repo line to provide euro liquidity
17/07/2020
Isabel Schnabel: Never waste a crisis: COVID-19, climate change and monetary policy
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at a virtual roundtable on “Sustainable Crisis Responses in Europe” organised by the INSPIRE research network, 17 July 2020
16/07/2020
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 16 July 2020
16/07/2020
Monetary policy decisions
14/07/2020
July 2020 euro area bank lending survey
13/07/2020
Isabel Schnabel: Interview with ARD “plusminus”
Transcript of an interview with Isabel Schnabel, Member of the Executive Board of the ECB, with ARD “plusminus”, conducted by Markus Gürne on 8 July 2020
English
OTHER LANGUAGES (1) +
Select your language
08/07/2020
Christine Lagarde: Interview with Financial Times
Video interview with Christine Lagarde, President of the ECB, conducted by Roula Khalaf on 7 July 2020 and posted on 8 July 2020
07/07/2020
Isabel Schnabel: Interview with NRC Handelsblad
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Mark Beunderman on 1 July 2020
English
OTHER LANGUAGES (1) +
Select your language
07/07/2020
Fabio Panetta: Unleashing the euro’s untapped potential at global level
Introductory remarks by Fabio Panetta, Member of the Executive Board of the ECB, Meeting with Members of the European Parliament
02/07/2020
Isabel Schnabel: The ECB’s monetary policy during the coronavirus crisis – necessary, suitable and proportionate
Presentation by Isabel Schnabel, Member of the Executive Board of the ECB, at the Berlin Economic Roundtable, 2 July 2020
English
OTHER LANGUAGES (1) +
Select your language
02/07/2020
Yves Mersch: In the spirit of European cooperation
Introductory remarks by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Salzburg Global webinar
01/07/2020
Philip R. Lane: Interview with Reuters news agency
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Balázs Korányi, Francesco Canepa and Frank Siebelt
01/07/2020
Fabio Panetta: The price of uncertainty and uncertainty about prices: monetary policy in the post-COVID-19 economy
Keynote speech by Fabio Panetta at a Capital Markets webinar organised by the European Investment Bank and the European Stability Mechanism
01/07/2020
Luis de Guindos: Interview with La Stampa
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Marco Zatterin on 26 June 2020 and published on 1 July 2020
English
OTHER LANGUAGES (1) +
Select your language
28/06/2020
Isabel Schnabel: Necessary, suitable and proportionate
Blog post by Isabel Schnabel, Member of the Executive Board of the ECB, in Welt am Sonntag

Summary

Our crisis measures respond to the worst economic crisis in the post-war period, says Executive Board member Isabel Schnabel. They are necessary, suitable and proportionate and benefit all European citizens.

English
OTHER LANGUAGES (1) +
Select your language
27/06/2020
Isabel Schnabel: The ECB’s monetary policy during the coronavirus crisis – necessary, suitable and proportionate
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Petersberger Sommerdialog, 27 June 2020
English
OTHER LANGUAGES (1) +
Select your language
Slides
English
OTHER LANGUAGES (1) +
Select your language
25/06/2020
Yves Mersch: The World Economy Transformed
Remarks by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the Reinventing Bretton Woods Committee Webinar Series
25/06/2020
Isabel Schnabel: The ECB's policy response to the COVID-19 crisis
Informal welcome remarks by Isabel Schnabel, Member of the Executive Board of the ECB, at the Bond Market Contact Group
25/06/2020
New Eurosystem repo facility to provide euro liquidity to non-euro area central banks
24/06/2020
Philip R. Lane: The ECB’s monetary policy response to the pandemic: liquidity, stabilisation and supporting the recovery
Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Financial Center Breakfast Webinar organised by Frankfurt Main Finance
22/06/2020
Philip R. Lane: Understanding the pandemic emergency purchase programme
Presentation by Philip R. Lane, Member of the Executive Board of the ECB, at the Princeton BCF Covid-19 Webinar Series
22/06/2020
Luis de Guindos: Interview with Der Spiegel
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Tim Bartz and Stefan Kaiser on 15 June and published on 22 June 2020
English
OTHER LANGUAGES (1) +
Select your language
19/06/2020
US dollar liquidity-providing operations from 1 July 2020
16/06/2020
Working group on euro risk-free rates recommends voluntary compensation for legacy swaption contracts affected by the discounting transition to the €STR
16/06/2020
Fabio Panetta: Interview with Le Monde
Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Eric Albert, and published on 16 June 2020
English
OTHER LANGUAGES (1) +
Select your language
14/06/2020
Luis de Guindos: Interview with ABC
Interview with Luis de Guindos, Vice-President of the ECB, conducted by María Jesús Pérez on 9 June 2020 and published on 14 June 2020
English
OTHER LANGUAGES (1) +
Select your language
13/06/2020
Christine Lagarde: The path out of uncertainty
Remarks by Christine Lagarde, President of the ECB, via videoconference at the inaugural session of the Italian National Consultation
12/06/2020
Fabio Panetta: Sharing and strengthening the euro’s privilege
Blog post by Fabio Panetta, Member of the Executive Board of the ECB

Summary

The goals of boosting the euro’s global standing and sharing its advantages more evenly are one and the same, writes Executive Board member Fabio Panetta. Through the right mix of European fiscal and monetary policy, we can build a better functioning Monetary Union that achieves both of these goals.

11/06/2020
Philip R. Lane: Interview with Il Sole 24 Ore
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Isabella Bufacchi on 8 June
10/06/2020
Luis de Guindos: Euro area: economic outlook and financial stability during the pandemic crisis
Remarks by Luis de Guindos, Vice-President of the ECB at the Institute of International and European Affairs, Dublin, (by video conference)
10/06/2020
ECB publishes an amendment to the indicative calendar for reserve maintenance periods in 2020
10/06/2020
ECB publishes indicative calendars for the Eurosystem’s regular tender operations and reserve maintenance periods in 2021
10/06/2020
Isabel Schnabel: The ECB’s policy in the COVID-19 crisis – a medium-term perspective
Remarks by Isabel Schnabel, Member of the Executive Board of the ECB, at an online seminar hosted by the Florence School of Banking & Finance
09/06/2020
Isabel Schnabel: Q&A on Twitter
Interview on Twitter with Isabel Schnabel, Member of the Executive Board of the ECB, conducted and published on 9 June 2020
08/06/2020
Christine Lagarde: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement by Christine Lagarde, President of the ECB, at the ECON committee of the European Parliament (by videoconference)
05/06/2020
Christine Lagarde: Interview with France 2
Interview with Christine Lagarde, President of the ECB, conducted by Léa Salamé and Thomas Sotto on 4 June 2020
English
OTHER LANGUAGES (1) +
Select your language
05/06/2020
ECB and National Bank of Romania set up repo line to provide euro liquidity
05/06/2020
Philip R. Lane: Expanding the pandemic emergency purchase programme
Blog post by Philip R. Lane, Member of the Executive Board of the ECB

Summary

Two main factors called for further policy action, writes Chief Economist Philip R. Lane. First, the pandemic-related negative shock to inflation poses a threat to medium-term price stability. Second, while conditions in financial markets have stabilised substantially, the situation remains fragile.

04/06/2020
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 4 June 2020
04/06/2020
Monetary policy decisions
27/05/2020
Isabel Schnabel: Interview with Perspektiven der Wirtschaftspolitik
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Karen Horn
English
OTHER LANGUAGES (1) +
Select your language
27/05/2020
Isabel Schnabel: Interview with Financial Times
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Martin Arnold on 25 May and published on 27 May 2020
22/05/2020
Philip R. Lane: International inflation co-movements
Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Inflation: Drivers and Dynamics 2020 Online Conference, Federal Reserve Bank of Cleveland/European Central Bank, 22 May 2020
19/05/2020
Philip R. Lane: Pandemic central banking: the monetary stance, market stabilisation and liquidity
Remarks by Philip R. Lane, Member of the Executive Board of the ECB, at the Institute for Monetary and Financial Stability Policy Webinar, 19 May 2020
18/05/2020
Christine Lagarde: Interview with Les Echos, Corriere della Sera, Handelsblatt and El Mundo
Interview with Christine Lagarde, President of the ECB, conducted by Dominique Seux, Federico Fubini, Thomas Hanke and Carlos Segovia, published on 18 May 2020
English
OTHER LANGUAGES (4) +
18/05/2020
Philip R. Lane: Interview with El País
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Luis Doncel on 11 May 2020 and published on 18 May 2020
English
OTHER LANGUAGES (1) +
Select your language
14/05/2020
Fabio Panetta: Interview with Der Standard
Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Andras Szigetvari on 6 May and published on 14 May 2020
English
OTHER LANGUAGES (2) +
Select your language
12/05/2020
Philip R. Lane: Interview with the Telegraaf
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Dorinde Meuzelaar and Martin Visser on 8 May 2020 and published on 12 May 2020
English
OTHER LANGUAGES (1) +
Select your language
11/05/2020
Isabel Schnabel: Interview with La Repubblica
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 11 May 2020
07/05/2020
Luis de Guindos: Presentation of the ECB Annual Report 2019 to the Committee on Economic and Monetary Affairs of the European Parliament (by videoconference)
Introductory remarks by Luis de Guindos, Vice-President of the ECB
05/05/2020
ECB takes note of German Federal Constitutional Court ruling and remains fully committed to its mandate
01/05/2020
Philip R. Lane: The monetary policy response to the pandemic emergency
Blog post by Philip R. Lane, Member of the Executive Board of the ECB

Summary

In an ECB Blog post, Chief Economist Philip R. Lane discusses the macroeconomic scenarios developed by ECB staff to illustrate the possible impact of the pandemic. He also explains current monetary policy and outlines the approach to setting the future course of monetary policy.

30/04/2020
ECB announces new pandemic emergency longer-term refinancing operations
30/04/2020
ECB recalibrates targeted lending operations to further support real economy
30/04/2020
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 30 April 2020
30/04/2020
Monetary policy decisions
28/04/2020
April 2020 euro area bank lending survey
22/04/2020
ECB and Bulgarian National Bank set up swap line to provide euro liquidity
18/04/2020
Luis de Guindos: Interview with Expresso
Interview with Luis de Guindos, Vice-President of the ECB, conducted by João Silvestre on 15 April 2020
English
OTHER LANGUAGES (1) +
Select your language
16/04/2020
Christine Lagarde: IMFC Statement
Statement by Christine Lagarde, President of the ECB, at the forty-first meeting of the International Monetary and Financial Committee
16/04/2020
Isabel Schnabel: The ECB’s response to the COVID-19 pandemic
Remarks by Isabel Schnabel, Member of the Executive Board of the ECB, at a 24-Hour Global Webinar co-organised by the SAFE Policy Center on “The COVID-19 Crisis and Its Aftermath: Corporate Governance Implications and Policy Challenges”
15/04/2020
ECB and Hrvatska narodna banka set up swap line to provide euro liquidity
09/04/2020
Christine Lagarde: How the ECB is helping firms and households
Blog post by Christine Lagarde, President of the ECB

Summary

Our response to coronavirus is designed to reach the firms and families facing a steep loss of income and rising anxiety about the future, writes President Christine Lagarde. She adds that full alignment of fiscal and monetary policies is the best way to protect productive capacity and employment.

08/04/2020
Christine Lagarde: Interview with Le Parisien
Interview with Christine Lagarde, President of the ECB, conducted by Matthieu Pelloli and published on 9 April 2020
English
OTHER LANGUAGES (1) +
Select your language
08/04/2020
Monetary policy: the challenges ahead
Colloquium in honour of Benoît Coeuré, held on 17-18 December 2019
07/04/2020
ECB announces package of temporary collateral easing measures
04/04/2020
Isabel Schnabel: Interview with To Vima
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Angelos Athanasopoulos and published on 4 April 2020
English
OTHER LANGUAGES (1) +
Select your language
03/04/2020
Luis de Guindos, Isabel Schnabel: The ECB’s commercial paper purchases: A targeted response to the economic disturbances caused by COVID-19
Blog post by Luis de Guindos, Vice-President of the ECB, and Isabel Schnabel, Member of the Executive Board of the ECB

Summary

Commercial paper purchases are key for monetary policy transmission to the real economy, explain Vice-President Luis de Guindos and Executive Board member Isabel Schnabel in The ECB Blog. They ease financing conditions for firms and help them manage short-term funding needs.

21/03/2020
Isabel Schnabel: Interview with Frankfurter Allgemeine Sonntagszeitung
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Patrick Bernau and Dennis Kremer
English
OTHER LANGUAGES (1) +
Select your language
20/03/2020
Coordinated central bank action to further enhance the provision of US dollar liquidity
20/03/2020
ECB and Danmarks Nationalbank reactivate swap line to provide euro liquidity
19/03/2020
Christine Lagarde: Our response to the coronavirus emergency

Summary

We are committed to playing our role in supporting every citizen of the euro area through this extremely challenging time, President Christine Lagarde writes in The ECB Blog. Our temporary pandemic emergency purchase programme is designed to address the unprecedented situation our monetary union faces.

18/03/2020
ECB announces €750 billion Pandemic Emergency Purchase Programme (PEPP)
18/03/2020
ECB statement
15/03/2020
Coordinated central bank action to enhance the provision of global US dollar liquidity
15/03/2020
Fabio Panetta: Interview with Corriere della Sera
Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Daniele Manca on 14 March 2020 and published on 15 March 2020
English
OTHER LANGUAGES (1) +
Select your language
13/03/2020
Philip R. Lane: The Monetary Policy Package: An Analytical Framework
by Philip R. Lane, Member of the Executive Board of the ECB

Summary

We will not tolerate any risks to the smooth transmission of our monetary policy in all jurisdictions of the euro area, Executive Board member Philip R. Lane writes in the inaugural post of The ECB Blog. The post explains the analytical framework underlying the March monetary policy measures.

12/03/2020
ECB announces easing of conditions for targeted longer-term refinancing operations (TLTRO III)
12/03/2020
ECB announces measures to support bank liquidity conditions and money market activity
12/03/2020
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 12 March 2020
02/03/2020
Statement by the President of the ECB
27/02/2020
Philip R. Lane: Monetary policy, low interest rates and low inflation
Dinner remarks by Philip R. Lane, Member of the Executive Board of the ECB, at the Centre for European Reform
27/02/2020
Isabel Schnabel: How long is the medium term? Monetary policy in a low inflation environment
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Barclays International Monetary Policy Forum
24/02/2020
ECB kick-starts Eurosystem listening events for strategy review
24/02/2020
ECB kick-starts Eurosystem listening events for strategy review
21/02/2020
Philip R. Lane: The monetary policy toolbox: evidence from the euro area
Keynote speech by Philip R. Lane, Member of the Executive Board of the ECB, at the 2020 US Monetary Policy Forum
20/02/2020
Luis de Guindos: The euro area economic outlook and the current monetary policy stance
Remarks by Luis de Guindos, Vice-President of the ECB, at the European Banking Federation Committee meeting
19/02/2020
Working group on euro risk-free rates issues recommendations to support smooth transfer of EONIA’s liquidity to €STR
14/02/2020
Philip R. Lane: Interview with RTÉ (Ireland’s National Television and Radio Broadcaster)
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Robert Shortt on 13 February 2020 and broadcast (in part) on 13 February 2020
11/02/2020
Isabel Schnabel: Interview with Die Welt
Interview with Isabel Schnabel, Member of the Executive Board of the ECB, conducted by Anja Ettel and Holger Zschäpitz on 10 February 2020, published on 11 February 2020
English
OTHER LANGUAGES (1) +
Select your language
11/02/2020
Philip R. Lane: Low inflation: macroeconomic risks and the monetary policy stance
Keynote speech by Philip R. Lane, Member of the Executive Board of the ECB, at the financial markets workshop of the Economic Council (Finanzmarktklausur des Wirtschaftsrats der CDU)
English
OTHER LANGUAGES (1) +
Select your language
11/02/2020
Isabel Schnabel: Narratives about the ECB’s monetary policy – reality or fiction?
Speech by Isabel Schnabel, Member of the Executive Board of the ECB, at the Juristische Studiengesellschaft
English
OTHER LANGUAGES (1) +
Select your language
11/02/2020
Christine Lagarde: Debate about the Annual Report
Introductory statement by Christine Lagarde, President of the ECB, on the occasion of the presentation of the ECB Annual Report 2018 at the European Parliament
10/02/2020
ECB seeks feedback on amendments to the Regulation on monetary financial institution balance sheet statistics
10/02/2020
Luis de Guindos: Interview with Expansión
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Andrés Stumpf on 6 February 2020 and published on 10 February 2020
English
OTHER LANGUAGES (1) +
Select your language
06/02/2020
Luis de Guindos: The euro area financial sector: opportunities and challenges
Speech by Luis de Guindos, Vice-President of the ECB, at the XXVI Santander Iberian Conference
06/02/2020
Christine Lagarde: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement by Christine Lagarde, President of the ECB, at the ECON committee of the European Parliament
03/02/2020
Luis de Guindos: Interview with ERT TV (Hellenic Broadcasting Corporation)
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Rallou Alexopoulou on 3 February 2020 and broadcast (in part) on 3 February 2020
02/02/2020
Philip R. Lane: Interview with Financial Times
Interview with Philip R. Lane, Member of the Executive Board of the ECB, conducted by Martin Arnold on 27 January, and published on 2 February 2020
24/01/2020
Christine Lagarde: Interview with Bloomberg TV
Interview with Christine Lagarde, President of the ECB, conducted by Francine Lacqua and broadcast on 24 January
24/01/2020
Christine Lagarde: Interview with France 2
Interview with Christine Lagarde, President of the ECB, conducted by Jean-Paul Chapel
English
OTHER LANGUAGES (1) +
Select your language
23/01/2020
ECB launches review of its monetary policy strategy
23/01/2020
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 23 January 2020
23/01/2020
Monetary policy decisions
21/01/2020
January 2020 euro area bank lending survey
09/01/2020
Philip R. Lane: Policy Frameworks and Strategies for an Open Economy
Presentation by Philip R. Lane, Member of the Executive Board of the ECB, at the Bank of England Workshop on "The Future of Inflation Targeting" in London, 9 January 2020
08/01/2020
Christine Lagarde: Interview with “Challenges” magazine
Interview with Christine Lagarde, President of the ECB, by Pierre-Henri de Menthon and Sabine Syfuss-Arnaud
English
OTHER LANGUAGES (1) +
Select your language
18/12/2019
Benoît Cœuré: Monetary policy: lifting the veil of effectiveness
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ECB colloquium on “Monetary policy: the challenges ahead” held in his honour
16/12/2019
Philip R. Lane: Households and the transmission of monetary policy
Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Central Bank of Ireland/ECB Conference on Household Finance and Consumption
12/12/2019
Christine Lagarde, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Christine Lagarde, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 12 December 2019
02/12/2019
Christine Lagarde: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement by Christine Lagarde, President of the ECB, at the ECON committee of the European Parliament
29/11/2019
Luis de Guindos: Closing remarks
Closing remarks by Luis de Guindos, Vice-President of the ECB, at the VIII High-level Policy Dialogue between Eurosystem and Latin American central banks
28/11/2019
Philip R. Lane: Determinants of the real interest rate
Remarks by Philip R. Lane, Member of the Executive Board of the ECB, at the National Treasury Management Agency
28/11/2019
Benoît Cœuré: Economics as a profession: from science to practice
Remarks by Benoît Cœuré, Member of the Executive Board of the ECB, at the PSE job forum, Paris School of Economics
25/11/2019
Philip R. Lane: The yield curve and monetary policy
Speech by Philip R. Lane, Member of the Executive Board of the ECB, Public Lecture for the Centre for Finance and the Department of Economics at University College London
22/11/2019
Christine Lagarde: The future of the euro area economy
Speech by Christine Lagarde, President of the ECB, at the Frankfurt European Banking Congress
14/11/2019
Philip R. Lane: The international transmission of monetary policy
Keynote speech by Philip R. Lane, Member of the Executive Board of the ECB, CEPR International Macroeconomics and Finance Programme Meeting
12/11/2019
Benoît Cœuré: A tale of two money markets: fragmentation or concentration
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ECB workshop on money markets, monetary policy implementation and central bank balance sheets
11/11/2019
Yves Mersch: Opening remarks
Opening remarks by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the “Getting to know the EU Institutions and Organisations in Luxembourg” event
28/10/2019
Mario Draghi: Farewell remarks
Remarks by Mario Draghi, President of the ECB, at the farewell event in his honour
24/10/2019
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 24 October 2019
18/10/2019
Mario Draghi: IMFC Statement
Statement by Mario Draghi, President of the ECB, at the fortieth meeting of the International Monetary and Financial Committee
16/10/2019
Philip R. Lane: The economic outlook for the euro area
Presentation by Philip R. Lane, Member of the Executive Board of the ECB, at Brookings Institution in Washington DC
11/10/2019
Mario Draghi: Policymaking, responsibility and uncertainty
Acceptance speech by Mario Draghi, President of the ECB, for the Laurea Honoris Causa from the Università Cattolica
English
OTHER LANGUAGES (1) +
Select your language
03/10/2019
Luis de Guindos: Improving macroeconomic stabilisation in the euro area
Speech by Luis de Guindos, Vice-President of the ECB, at the Global Interdependence Center Central Banking Series conference
01/10/2019
Mario Draghi: Stabilisation policies in a monetary union
Speech by Mario Draghi, President of the ECB, at the Academy of Athens
English
OTHER LANGUAGES (1) +
Select your language
01/10/2019
Philip R. Lane: Globalisation and monetary policy
Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the University of California
24/09/2019
Luis de Guindos: Measures to support monetary policy transmission through banks
Welcome address by Luis de Guindos, Vice-President of the ECB, to the Money Market Contact Group
23/09/2019
Mario Draghi: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 23 September 2019
16/09/2019
Philip R. Lane: Reflections on monetary policy
Keynote speech by Philip R. Lane, Member of the Executive Board of the ECB, at Bloomberg, London, 16 September 2019
12/09/2019
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 12 September 2019
04/09/2019
Philip R. Lane: The Phillips Curve at the ECB
Keynote lecture by Philip R. Lane, Member of the Executive Board of the ECB, at the 50th anniversary conference of The Money, Macro and Finance Research Group, London, 4 September 2019
27/08/2019
Luis de Guindos: Communication, expectations and monetary policy
Intervention by Luis de Guindos, Vice-President of the ECB, at the ECB policy panel of the Annual Congress of the European Economic Association, Manchester, 27 August 2019
25/07/2019
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 25 July 2019
17/07/2019
Benoît Cœuré: Exchange of views with members of the High Council of Public Finance
Introductory remarks by Benoît Cœuré, Member of the Executive Board of the ECB, prior to an informal exchange of views with the High Council of Public Finance, Paris, 17 July 2019
English
OTHER LANGUAGES (1) +
Select your language
11/07/2019
Benoît Cœuré: Inflation expectations and the conduct of monetary policy
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at an event organised by the SAFE Policy Center, Frankfurt am Main, 11 July 2019
01/07/2019
Philip R. Lane: Monetary Policy and Below-Target Inflation
Speech by Philip R. Lane, Member of the Executive Board of the ECB, at the Bank of Finland conference on Monetary Policy and Future of EMU
29/06/2019
Yves Mersch: Economic and monetary policy at a turning point – where is the economy heading in Europe, the United States and China?
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the Petersberger Sommerdialog, Königswinter, 29 June 2019
English
OTHER LANGUAGES (1) +
Select your language
25/06/2019
Benoît Cœuré: European capital markets: priorities and challenges
Dinner remarks by Benoît Cœuré, Member of the Executive Board of the ECB, at the International Swaps and Derivatives Association, Frankfurt am Main, 25 June 2019
18/06/2019
Mario Draghi: Twenty Years of the ECB’s monetary policy
Speech by Mario Draghi, President of the ECB, ECB Forum on Central Banking, Sintra, 18 June 2019
12/06/2019
Benoît Cœuré: The effects of APP reinvestments on euro area bond markets
Closing remarks by Benoît Cœuré, Member of the Executive Board of the ECB, at the ECB’s Bond Market Contact Group meeting, 12 June 2019
10/06/2019
Luis de Guindos: The euro area economy and our monetary policy stance
Remarks by Luis de Guindos, Vice-President of the ECB, during the Instituto de Empresa (IE) Business Leadership Forum at the IE Business School, Madrid, 10 June 2019
06/06/2019
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Vilnius, 6 June 2019
16/05/2019
Benoît Cœuré: The rise of services and the transmission of monetary policy
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the 21st Geneva Conference on the World Economy, 16 May 2019
15/05/2019
Benoît Cœuré: Exchange of views with members of the French Parliament
Introductory remarks by Benoît Cœuré, Member of the Executive Board of the ECB, prior to an informal exchange of views with the Finance Committee of the National Assembly, Paris, 15 May 2019
English
OTHER LANGUAGES (1) +
Select your language
12/04/2019
Mario Draghi: IMFC Statement
Statement by Mario Draghi, President of the ECB, at the thirty-ninth meeting of the International Monetary and Financial Committee, Washington, D.C., 12 April 2019
10/04/2019
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 10 April 2019
01/04/2019
Luis de Guindos: Presentation of the ECB Annual Report 2018 to the Committee on Economic and Monetary Affairs of the European Parliament
Introductory remarks by Luis de Guindos, Vice-President of the ECB, Brussels, 1 April 2019
29/03/2019
Benoît Cœuré: Heterogeneity and the ECB’s monetary policy
Speech by Benoît Cœuré at the Banque de France Symposium & 34th SUERF Colloquium on the occasion of the 20th anniversary of the euro on “The Euro Area: Staying the Course through Uncertainties”, Paris, 29 March 2019
27/03/2019
Luis de Guindos: International spillovers of monetary policy and financial stability concerns
Speech by Luis de Guindos, Vice-President of the ECB, at The ECB and Its Watchers XX conference, Frankfurt am Main, 27 March 2019
27/03/2019
Peter Praet: Providing monetary policy stimulus after the normalisation of instruments
Remarks by Peter Praet, Member of the Executive Board of the ECB, at The ECB and Its Watchers XX Conference, Frankfurt am Main, 27 March 2019
27/03/2019
Mario Draghi: Monetary policy in the euro area
Speech by Mario Draghi, President of the ECB, at the conference 'The ECB and Its Watchers XX', Frankfurt am Main, 27 March 2019
22/03/2019
Yves Mersch: Remarks at the ‘Challenges in Understanding the Monetary Transmission Mechanism’ conference
Speech by Yves Mersch, Member of the Executive Board of the ECB, Warsaw, 22 March 2019
18/03/2019
Luis de Guindos: The euro area economy and our monetary policy stance
Remarks by Luis de Guindos, Vice-President of the ECB, at Asociación para el Progreso de la Dirección (APD), Madrid, 18 March 2019
07/03/2019
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 7 March 2019
26/02/2019
Benoît Cœuré: Euro interest rate benchmark reform: achievements and remaining challenges
Opening remarks by Benoît Cœuré, Member of the Executive Board of the ECB, at the annual dinner of the working group on euro risk-free rates, Frankfurt am Main, 26 February 2019
20/02/2019
Peter Praet: Economic situation and outlook
Presentation by Peter Praet, Member of the Executive Board of the ECB, at the Frankfurt Main Finance Breakfast, Frankfurt am Main, 20 February 2019
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
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
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
28/01/2019
Mario Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 28 January 2019
24/01/2019
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 24 January 2019
15/01/2019
Mario Draghi: Debate about the Annual Report
Speech by Mario Draghi, President of the European Central Bank, at the plenary debate of the European Parliament on the ECB’s Annual Report 2017, Strasbourg, 15 January 2019
13/12/2018
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 13 December 2018
27/11/2018
Yves Mersch: Climate change and central banking
Speech by Yves Mersch, Member of the Executive Board of the ECB, Workshop discussion: Sustainability is becoming mainstream, Frankfurt, 27 November 2018
English
OTHER LANGUAGES (1) +
Select your language
26/11/2018
Mario Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 26 November 2018
26/11/2018
Peter Praet: Preserving monetary accommodation in times of normalisation
Speech by Peter Praet, Member of the Executive Board of the ECB, on “Herausforderungen für die Europäische Geldpolitik 2019” at 33. Internationales ZinsForum 2018, Frankfurt am Main, 26 November 2018
23/11/2018
Luis de Guindos: Benjamin Moll’s contribution to macroeconomics
Remarks by Luis de Guindos, Vice-President of the ECB, on the occasion of the award of the Bernácer Prize to Benjamin Moll
16/11/2018
Mario Draghi: The outlook for the euro area economy
Speech by Mario Draghi, President of the ECB, Frankfurt European Banking Congress, Frankfurt am Main, 16 November 2018
13/11/2018
Peter Praet: Preserving monetary accommodation in times of normalisation
Speech by Peter Praet, Member of the Executive Board of the ECB, at the UBS Conference, London, 13 November 2018
08/11/2018
Benoît Cœuré: Monetary policy and climate change
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at a conference on “Scaling up Green Finance: The Role of Central Banks”, organised by the Network for Greening the Financial System, the Deutsche Bundesbank and the Council on Economic Policies, Berlin, 8 November 2018
26/10/2018
Benoît Cœuré: The international dimension of the ECB’s asset purchase programme: an update
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at a conference on “Exiting Unconventional Monetary Policies”, organised by the Euro 50 Group, the CF40 forum and CIGI, Paris, 26 October 2018
26/10/2018
Mario Draghi: Central bank independence
First Lamfalussy Lecture by Mario Draghi, President of the ECB, at the Banque Nationale de Belgique, Brussels, 26 October 2018
25/10/2018
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 25 October 2018
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
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
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
04/10/2018
Benoît Cœuré: The local impact of the ECB’s monetary policy
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at Les Champs du Possible, Châteaudun, 4 October 2018
English
OTHER LANGUAGES (1) +
Select your language
Presentation slides
English
OTHER LANGUAGES (1) +
Select your language
27/09/2018
Peter Praet: The interaction between monetary policy and macroprudential policy
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Money, Macro and Finance Research Group Conference on the Resilience of the Global Financial Architecture, London, 27 September 2018
25/09/2018
Benoît Cœuré: Waiting for ESTER: the road ahead for interest rate benchmark reform
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the ECB’s Money Market Contact Group meeting, Frankfurt am Main, 25 September 2018
24/09/2018
Mario Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 24 September 2018
20/09/2018
Peter Praet: Challenges to monetary policy normalisation
Speech by Peter Praet, Member of the Executive Board of the ECB, at the SUERF conference “Sustainable Policy Responses: EU and US Perspectives”, New York, 20 September 2018
17/09/2018
Peter Praet: Economic developments in the euro area
Presentation by Peter Praet, Member of the Executive Board of the ECB, to the Société Royale d’Economie Politique, Brussels, 17 September 2018
17/09/2018
Benoît Cœuré: Forward guidance and policy normalisation
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Deutsches Institut für Wirtschaftsforschung, 17 September 2018
13/09/2018
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
31/08/2018
Luis de Guindos: The euro area: current status and challenges ahead
Speech by Luis de Guindos, Vice-President of the ECB, at La Granda courses, Asturias, 31 August 2018
English
OTHER LANGUAGES (1) +
Select your language
28/08/2018
Peter Praet: Monetary and Macroprudential Policy Interactions
Presentation by Peter Praet, Member of the Executive Board of the ECB, at the 33rd Annual Congress of European Economic Association, Cologne, 28 August 2018
26/07/2018
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Luis de Guindos, Vice-President of the ECB, Frankfurt am Main, 26 July 2018
09/07/2018
Mario Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 9 July 2018
05/07/2018
Peter Praet: Delivering on our Mandate – 20 years of ECB Monetary Policy
Keynote speech by Peter Praet, Member of the Executive Board of the ECB, at an event organised by the ECB’s Representative office in Brussels, 5 July 2018
03/07/2018
Peter Praet: Ensuring a sustained adjustment in inflation
Keynote speech by Peter Praet, Member of the Executive Board of the ECB, at Banca Naţională a României, Bucharest, 3 July 2018
01/07/2018
Yves Mersch: Are the economy and monetary policy at a turning point – and where are the European and US economies headed?
Speech by Yves Mersch, Member of the Executive Board of the ECB, Panel at the Petersberger Sommerdialog, Königswinter, 30 June 2018
English
OTHER LANGUAGES (1) +
Select your language
26/06/2018
Luis de Guindos: Most recent ECB monetary policy decisions
Welcome remarks by Luis de Guindos, Vice-President of the ECB, at the meeting of the ECB’s Bond Market Contact Group, Frankfurt am Main, 26 June 2018
19/06/2018
Mario Draghi: Monetary policy in the euro area
Speech by Mario Draghi, President of the ECB, ECB Forum on Central Banking, Sintra, 19 June 2018
14/06/2018
Mario Draghi, Luis de Guindos: Introductory statement to the press conference (with Q&A)
08/06/2018
Yves Mersch: Central bank risk management in times of monetary policy normalisation
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the International Risk Management Conference, Paris, 8 June 2018
06/06/2018
Peter Praet: Monetary policy in a low interest rate environment
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Congress of Actuaries, Berlin, 6 June 2018
29/05/2018
Sabine Lautenschläger: Monetary policy - end of history?
Speech by Sabine Lautenschläger, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, Center for Financial Studies Colloquium, Frankfurt, 29 May 2018
17/05/2018
Vítor Constâncio: Completing the Odyssean journey of the European monetary union
Remarks by Vítor Constâncio, Vice-President of the ECB, at the ECB Colloquium on “The Future of Central Banking”, Frankfurt am Main 16-17 May 2018
04/05/2018
Vítor Constâncio: Past and future of the ECB monetary policy
Speech by Vítor Constâncio, Vice-President of the ECB, at the Conference on “Central Banks in Historical Perspective: What Changed After the Financial Crisis?”, organised by the Central Bank of Malta, Valletta, 4 May 2018
03/05/2018
Peter Praet: Economic and monetary policy in EMU: from unconventional times to sustainable and balanced growth
Speech by Peter Praet, Member of the Executive Board of the ECB, at the OECD Chief Economist Talks, Paris, 3 May 2018
27/04/2018
Yves Mersch: Reflections on monetary policy in the euro area
Speaking points by Yves Mersch, Member of the Executive Board of the ECB, Eurofi conference, Sofia, 27 April 2018
26/04/2018
Mario Draghi, Vítor Constâncio: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Vítor Constâncio, Vice-President of the ECB, Frankfurt am Main, 26 April 2018
20/04/2018
Mario Draghi: IMFC Statement
Statement by Mario Draghi, President of the ECB, at the thirty-seventh meeting of the International Monetary and Financial Committee, Washington D.C., 20 April 2018
12/04/2018
Benoît Cœuré: Scars that never were? Potential output and slack after the crisis
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the CEPII 40th Anniversary Conference, Paris, 12 April 2018
09/04/2018
Vítor Constâncio: Presentation of the ECB Annual Report 2017 to the Committee on Economic and Monetary Affairs of the European Parliament
Introductory remarks by Vítor Constâncio, Vice-President of the ECB, Brussels, 9 April 2018
19/03/2018
Yves Mersch: Challenges facing monetary policy in the euro area
Speech by Yves Mersch, Member of the Executive Board of the ECB, at the Schweizerisch-Deutscher Wirtschaftsclub, Frankfurt am Main, 19 March 2018
English
OTHER LANGUAGES (1) +
Select your language
14/03/2018
Benoît Cœuré: Making our monetary union stronger and more resilient
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the Finanzmarktklausur of the CDU Wirtschaftsrat, Berlin, 14 March 2018
English
OTHER LANGUAGES (1) +
Select your language
14/03/2018
Peter Praet: Assessment of quantitative easing and challenges of policy normalisation
Speech by Peter Praet, Member of the Executive Board of the ECB, at The ECB and Its Watchers XIX Conference, Frankfurt am Main, 14 March 2018
14/03/2018
Mario Draghi: Monetary Policy in the Euro Area
Speech by Mario Draghi, President of the ECB, The ECB and Its Watchers XIX Conference organised by the Institute for Monetary and Financial Stability, Frankfurt, 14 March 2018
08/03/2018
Mario Draghi, Vítor Constâncio: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Vítor Constâncio, Vice-President of the ECB, Frankfurt am Main, 8 March 2018
26/02/2018
Mario Draghi: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
Introductory Statement by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 26 February 2018
26/02/2018
Benoît Cœuré: The importance of euro interest rate benchmark reforms
Welcome address by Benoît Cœuré, Member of the Executive Board of the ECB, at the first meeting of the Working Group on Euro Risk-Free Rates, at the ECB, Frankfurt am Main, 26 February 2018
23/02/2018
Benoît Cœuré: The persistence and signalling power of central bank asset purchase programmes
Speech by Benoît Cœuré, Member of the Executive Board of the ECB, at the 2018 US Monetary Policy Forum, New York City, 23 February 2018
15/02/2018
Peter Praet: Strengthening France’s economy and the Eurozone
Presentation by Peter Praet, Member of the Executive Board of the ECB, at the joint French Treasury / IMF conference entitled “Transforming France’s economy and completing the integration of the Eurozone”, Paris, 15 February 2018
08/02/2018
Peter Praet: Panel on global monetary policies – similarities and differences on the way to the new normal
Remarks by Peter Praet, Member of the Executive Board of the ECB, at the GIC/SUERF/Deutsche Bundesbank Conference, Frankfurt am Main, 8 February 2018
05/02/2018
Mario Draghi: European Parliament plenary debate on the ECB Annual Report for 2016
Introductory statement and closing remarks by Mario Draghi, President of the ECB, Strasbourg, 5 February 2018
01/02/2018
Peter Praet: Economic developments in the euro area
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Cercle de Lorraine, Brussels, 1 February 2018
30/01/2018
Yves Mersch: The limits of central bank financing in resolution
Speech by Yves Mersch, Member of the Executive Board of the ECB, IMFS Distinguished Lecture Series Goethe Universität Frankfurt, 30 January 2018
English
OTHER LANGUAGES (1) +
Select your language
29/01/2018
Peter Praet: Maintaining price stability with unconventional monetary policy
Speech by Peter Praet, Member of the Executive Board of the ECB, at the Council of the European Union, Brussels, 29 January 2018
25/01/2018
Mario Draghi, Vítor Constâncio: Introductory statement to the press conference (with Q&A)
Mario Draghi, President of the ECB, Vítor Constâncio, Vice-President of the ECB, Frankfurt am Main, 25 January 2018