ECB conference tackles ‘reconciliation’ of statistics as central bank’s powers expand

draghi-ecb
Mario Draghi

Statistics produced by central banks and supervisory data have "so far lived in different realms" but must now be reconciled, Mario Draghi said today, at the final European Central Bank (ECB) conference before the launch of the Single Supervisory Mechanism (SSM) on November 4.

In his introductory speech to the event, ECB president Draghi acknowledged the data collected in support of monetary policy and financial stability on one hand, and supervision on the other, capture "similar phenomena" but

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