ECB - European Central Bank

Letter from the ECB President to Mr Bas Eickhout, MEP, on the secondary objective

3 days ago

Enhancing GDP nowcasts with ChatGPT: a novel application of PMI news releases

3 days ago

This study involves tasking ChatGPT with classifying an “activity sentiment score” based...

A decade of borrower-based measures in the banking union

4 days ago

Borrower-based measures (BBMs) are critical tools in the banking union’s macroprudential policy...

Residential real estate (RRE) lending standards: determinants and financial stability implications

4 days ago

This article looks into residential real estate (RRE) lending standards, focusing on...

Bridging innovation and stability: the Eurosystem’s exploratory work on new technologies for wholesale central bank money settlement

6 days ago

Liquidity conditions and monetary policy operations from 5 February to 22 April 2025

9 days ago

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

The outlook for euro area business investment – findings from an ECB survey of large firms

9 days ago

This box summarises the findings of a recent ECB survey of leading...

Economic Bulletin Issue 4, 2025

9 days ago

Advancing the capital markets union in Europe: a roadmap for harmonising securities post-trading

9 days ago

Harmonising European post-trade activities is essential for bolstering capital markets and better...

US trade policies and the activity of US multinational enterprises in the euro area

9 days ago

This box provides an overview of how US multinational enterprises (MNEs) shape...

Where do we stand with inflationary pressures arising from price resetting?

9 days ago

Euro area services inflation has been persistent owing to a combination of...

The transmission of monetary policy: from mortgage rates to consumption

11 days ago

This article analyses the transmission of monetary policy to consumption via its...