Production networks amplify foreign shocks, worsen monetary policy trade-offs
A new working paper from Banco de España and ECB economists analyzes how production networks transmit foreign price shocks and reshape monetary policy trade-offs.
The Financial Stability Board (FSB) has launched a thematic peer review to evaluate members' implementation of public sector backstop funding mechanisms for banks in resolution.
A Banco de España working paper reveals that consumer prices in the euro area became significantly more flexible during the 2021-2024 inflation cycle.
A new European Central Bank study using regional data from 11 euro area countries finds that the Phillips curve is flatter and largely shaped by inflation expectations.
The People's Bank of China has published its Financial Market Report for 2025.
A new working paper from Banco de España and ECB economists analyzes how production networks transmit foreign price shocks and reshape monetary policy trade-offs.
A new BIS working paper reviews the stability of non-maturity deposits (NMDs) following the March-May 2023 banking turmoil.
The BIS IFC Bulletin No 66 presents proceedings from a conference on "Statistics and beyond: new data for decision making in central banks".
A Banco de España Occasional Paper analyzes labor productivity in Spanish regions from 2000 to 2022, highlighting the sustained leadership of a cluster comprising Madrid, the Balearic Islands, and the Canary Islands, driven by strong tertiarization.
The European Central Bank's Consumer Expectations Survey (CES) offers unique insights into how perceptions of economic uncertainty influence household spending and saving decisions.
The European Central Bank's Governing Council decided on 5 February 2026 to keep its three key interest rates unchanged.
The European Central Bank has introduced a new method to estimate the time-varying elasticity of euro money market rates to excess liquidity.