European Central Bank (ECB)
Changing of Lagarde: who might take over at the ECB?
De Cos and Knot among contenders, following reports that president may be stepping down early
More financial integration key for Europe’s resilience, says Nagel
Bundesbank president says eurozone can adapt to new geopolitical reality
ECB analysts call for European supervision of asset managers
Largest groups’ balance sheets and cross-border activity merit closer look, blog argues
Central banks develop GenAI tool for inflation nowcasting
Researchers say method has global applicability
ECB to offer repo line access to almost all central banks
Euro liquidity ‘granted by default’ unless breaching AML/CFT rules or sanctions, says Lagarde
QT ‘crucial’ if ECB is to tackle future crises, says Nagel
Bundesbank president says dollarisation by way of stablecoins could weaken European sovereignty
Repeat of past mistakes fuels risk of new crisis
Jesper Berg and Hans Geeroms argue that bank lobbying has succeeded in securing a dangerous softening of rules
People: Change at the top in South Sudan
Plus new appointments in Austria, Romania and at the ECB
Suspended Bulgarian deputy appointed as caretaker PM
Country’s president says Gurov is only candidate not tainted by association with outgoing government
Price change frequency upped inflation post-Covid – study
Size of individual changes had same effect on overall prices as during normal times, ECB paper finds
Banque de France governor unexpectedly steps down early
Villeroy de Galhau to take on new role at non-profit foundation
Nexus picks operators to build and run ‘network of networks’
CEO expects global scalability following launch of multi-country fast payments linkage
Ken Rogoff on the dollar’s role in a fractured world
The former IMF chief economist speaks about Trump, central bank independence and the $20 trillion underground economy
ECB holds rates again, despite below-target inflation
Lagarde says bank will not be forced into precipitate easing by January’s 1.7% figure
Full ‘postmortem’ on QE yet to be written – Klaas Knot
Former DNB governor expects Fed to continue international monetary diplomacy under Warsh
Eurozone banks unexpectedly tightened lending – ECB survey
Respondents suggest tariffs were partly to blame for reduction in available credit for businesses
‘Pricing cascades’ crucial to post-Covid inflation – study
ECB researchers say speed and interdependencies were key components to shock
ECB seeks capital clarity on Spire repacks
Dealers split between counterparty credit risk and market risk frameworks for repack RWAs
EU cannot fully disconnect from US, say Nagel and Kocher
German and Austrian governors say bloc can take steps to gain more sovereignty
ECB tweaks collateral framework, ‘paves way’ for DLT-based assets
Bank clarifies ‘climate factor’ in securities pricing, introduces haircuts on sterling, dollar and yen assets
ECB and ESRB warn of financial stability risk from geopolitics
New model takes prediction data to show US domestic politics affecting eurozone financial markets
Geopolitics a key focus for ECB supervisors – blog
European banks have fared well so far against shocks but must stay vigilant, senior officials write
Don’t count on central banks to buy public debt, says Lagarde
ECB president tells Davos panel that divergent global standards may puncture AI bubble
Croatia’s Vujčić to replace de Guindos as ECB vice-president
Governor will be executive board’s first member from a post-2004 EU accession state