ECB - European Central Bank

Monetary policy transmission via banks to firms

about 5 hours ago

This Occasional Paper reviews evidence from the ChaMP Research Network on the...

Monetary policy transmission through the financial system to households

about 5 hours ago

This Occasional Paper reviews evidence from the ChaMP Research Network on the...

Monetary policy transmission and non-bank financial intermediation

about 5 hours ago

The growing importance of non‑bank financial intermediaries (NBFIs) also has important implications...

The propagation of shocks across the production network and implications for monetary policy

about 5 hours ago

The repeated occurrence of supply-chain disruptions since the COVID-19 pandemic reveals the...

Monetary policy transmission and structural changes

about 5 hours ago

This paper surveys research from the ESCB ChaMP Research Network on how...

ESS-ESCB Quality assessment report on statistics underlying the Macroeconomic Imbalance Procedure

10 days ago

How US financial markets react to geopolitical shocks hitting oil supply

11 days ago

This box assesses how energy supply disruptions associated with geopolitical shocks are...

Tracking euro area labour market developments through restructuring announcements

11 days ago

This box examines whether large-scale restructuring announcements recorded in the European Restructuring...

What has kept goods inflation low? The role of the import exposure to China

11 days ago

This box analyses the impact of prices of imports from China on...

Liquidity conditions and monetary policy operations from 11 February to 5 May 2026

11 days ago

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

The narrowing of the euro area current account balance in 2025

11 days ago

This box examines the narrowing of the euro area current account surplus...

Economic Bulletin Issue 4, 2026

11 days ago