ECB - European Central Bank

Interest rate control and the transmission of monetary policy

1 day ago

We study how short-term interest rate volatility affects the transmission of monetary...

Word2Prices: embedding central bank communications for inflation prediction

2 days ago

Word embeddings are vectors of real numbers associated with words, designed to...

Geopolitical risk and its implications for macroprudential policy

2 days ago

This article explores the link between geopolitical risk and bank solvency and...

The impact of regional institutional quality on economic growth and resilience in the EU

3 days ago

This paper investigates the impact of regional institutional quality on economic growth...

Effects of monetary policy on labor income: the role of the employer

3 days ago

This paper investigates the role of firms in the transmission of monetary...

Macroprudential and monetary policy tightening: more than a double whammy?

8 days ago

We investigate the interaction between monetary and macroprudential policy in affecting banks’...

Private safe-asset supply and financial instability

8 days ago

This paper analyzes the private production of safe assets and its implications...

Creditworthy: do climate change risks matter for sovereign credit ratings?

9 days ago

Do sovereign credit ratings take into account physical and transition climate risks...

The expert’s edge? Bank lending specialization and informational advantages for credit risk assessment

10 days ago

We examine whether loan portfolio sectoral specialization provides informational advantages to banks...

Filling the gap: the geographical allocation of euro area portfolio investment liabilities and related income

10 days ago

This paper presents the estimation method used to break down the euro...

Economic Bulletin Issue 2, 2025

14 days ago

The increasing energy demand of artificial intelligence and its impact on commodity prices

14 days ago

The use of artificial intelligence (AI) models has grown rapidly in recent...