Lecture by Isabel Schnabel, Member of the Executive Board of the ECB, at the Ragnar Nurkse Lecture Series organised by Eesti Pank in Tallinn, Estonia Tallinn, 30 August 2024 Disinflation in the euro area has proceeded rapidly. Headline inflation fell from a peak of 10.6% in October 2022 to 2.6% in July of this year.
Contribution by Philip R. Lane, Member of the Executive Board of the ECB, to the panel on “Reassessing the effectiveness and transmission of monetary policy” at the Federal Reserve Bank of Kansas City Economic Symposium Jackson Hole, 24 August 2024 Introduction My aim in this contribution is to provide a euro area perspective on the
23 August 2024 Compared with June 2024: median consumer inflation perceptions over the previous 12 months declined noticeably, while median inflation expectations for the next 12 months remained unchanged and those for three years ahead edged up; expectations for nominal income over the next 12 months and spending growth over the next 12 months decreased;
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 17-18 July 2024 22 August 2024 1. Review of financial, economic and monetary developments and policy options Financial market developments Ms Schnabel noted that since the Governing Council’s previous monetary policy
14 August 2024 Harmonised rules and arrangements defined for mobilisation and management of collateral in Eurosystem credit operations Harmonisation marks step towards European capital markets union New rules take effect with launch of Eurosystem Collateral Management System, scheduled for 18 November 2024 The European Central Bank (ECB) has today published harmonised rules and arrangements for
