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Targeted longer-term refinancing operations (TLTROs)

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
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
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”
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
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”
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
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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
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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
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
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
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
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
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
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
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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
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 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
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”
07/04/2020
ECB announces package of temporary collateral easing 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
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
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
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
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
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
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
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
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
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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
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
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
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
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
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
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
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