ECB - European Central Bank

Multivariate uncertainty and distributional transmission

1 day ago

Macroeconomic policy increasingly requires assessments of risk rather than point forecasts alone...

Main results of the latest euro area demographic projections

2 days ago

This box presents the latest EUROPOP 2025 population projections for the euro...

The evolution of financial conditions in the euro area and the United States: a Macro-Finance FCI perspective

2 days ago

This box extends the Macro-Finance Financial Conditions Index (FCI) framework, originally developed...

Liquidity conditions and monetary policy operations from 6 May to 28 July 2026

2 days ago

This box describes the Eurosystem liquidity conditions and monetary policy operations in...

Defence spending and its short and longer-term macroeconomic effects

2 days ago

EU Member States have committed to substantially increasing defence spending in the...

Economic Bulletin Issue 6, 2026

2 days ago

Scaling up European firms: the case for an EU company law regime to unlock cross-border investment, innovation and growth

3 days ago

Europe’s competitiveness challenge is increasingly recognised as a scale-up challenge. Firms expanding...

Artificial intelligence and financial markets

4 days ago

Artificial intelligence is transforming financial markets by enabling investors and intermediaries to...

Monetary policy transmission by securitising banks

4 days ago

This paper studies whether securitisation affects monetary policy transmission via banks. Using...

Which countries are most vulnerable to the industrial rise of China? Mapping Europe’s uneven exposure

4 days ago

This box discusses the heterogeneous impact on EU countries of China’s rapid...

US equity market developments during the AI boom

4 days ago

This box analyses developments in US equity markets during the recent AI...

Navigating uncertainty: how the Middle East conflict is shaping expectations and coping strategies of firms

5 days ago

In the Survey on the Access to Financing of Enterprises (SAFE) for...