European Central Bank (ECB)
As NBFI sector grows, so do its risks and benefits – Knot
Former FSB chair discusses implications of sector’s increasing dominance
Permanent FRTB reforms seen as vital for IMA adoption
Temporary relief granted in June has done little to encourage internal model use in Europe
Supervisors must co-operate internationally – Elderson
ECB board member warns emerging risks to stability demand joint response from regulators
Goodhart and Pradhan on the end of monetary independence
The unanchored central banker authors speak about how ageing populations, soaring healthcare costs and rising fiscal deficits will force central bankers to compromise on inflation targets and bail out indebted governments
ECB should become global lender of last resort – report
Academics put forward policy recommendations to further internationalise euro
Europe must deploy AI ‘intensively’, Lagarde says
ECB president warns shortage of high-technology skills threatens continent’s digital transition
BdF chief urges French politicians to break budget deadlock
Central bank governor warns another stalemate could jeopardise France’s economic future
Mamerto Tangonan on the Philippines’ glocal digital ecosystem
Deputy governor shares insights on the nexus of wCBDC and digital sovereign bonds, multilateral payments governance and 'smart' global trade
Democracy crucial to central banks’ independence, Wunsch says
National Bank of Belgium governor says invective is crowding out rational discourse
ECB and BCB to explore linking Tips and Pix
Feasibility assessment could take a year or more before link is approved
Rising defence spending could boost European growth – ECB
But macroeconomic benefits depend on cutting personnel costs and imports
EU central banks want more sovereign bonds in stablecoin reserves
Micar review proposals include severing crypto interdependence with rival banks
Schnabel to join IMF as financial counsellor
ECB official to step down early, creating another opening at the top of the bank
Switzerland, Sweden and Hungary hold rates, Norway hikes
Four European central banks announce monetary policy decisions
Sarb hikes rates 25bp, citing persistent global supply shock
Global economy not in a healthy space, governor says
China’s machinery and transport exports are hurting EU – ECB paper
Similarity between EU and Chinese goods exports has increased since 2019, research finds
MNB seeks closer alignment with ECB, lowers inflation target
Monetary policy decisions will also be reduced from 12 to eight each year from 2027
Adapting to AI crucial to central banks’ credibility, Panetta says
Bank of Italy governor tells Kyiv conference tech-driven investment will alter inflation
Fear of risk and lack of trust block European investment – blog
Financial literacy is key to savings and investment union, say ECB economists
ECB launches Pontes and prepares to invest in tokenised securities
Bundesbank onboarded as market participant to trade tokenised assets settled in central bank money
The OeNB’s Martin Kocher on the Eurosystem’s inflation outlook
The Austrian central bank’s governor speaks about ECB succession, forward guidance and eurobonds, as well as lessons from QE losses, access to cash interventions and Austria’s excessive deficit procedure