European Central Bank
Regional data reveal flatter Phillips curve, highlight expectations
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.
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ECB enhances transparency on high-level remuneration
ECB President Christine Lagarde has detailed the remuneration of high-level officials and announced improved disclosure practices.
Lagarde urges pragmatic reforms to preserve global order
European Central Bank President Christine Lagarde called for pragmatic reforms to rebuild trust in the international order.
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Elderson details progress on climate risk and supervisory priorities
Frank Elderson, Member of the Executive Board of the European Central Bank, stated in a Bloomberg interview that banks are largely managing climate risks, but supervisory challenges persist.
Climate disasters increase debt costs for vulnerable nations
New research from the European Central Bank reveals that climate-related disasters can significantly increase sovereign bond yields.
Cipollone outlines digital euro's role in strengthening European payments
Piero Cipollone, Member of the Executive Board of the ECB, presented the digital euro project to the Italian Parliamentary Committee on February 19, 2026.
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Consumer uncertainty shapes spending and saving behavior
The European Central Bank's Consumer Expectations Survey (CES) offers unique insights into how perceptions of economic uncertainty influence household spending and saving decisions.
ECB maintains key interest rates amid stable inflation outlook
The European Central Bank's Governing Council decided on 5 February 2026 to keep its three key interest rates unchanged.
New method estimates time-varying liquidity elasticity of euro rates
The European Central Bank has introduced a new method to estimate the time-varying elasticity of euro money market rates to excess liquidity.
Schnabel warns of fiscal strain from global shifts and ageing
ECB Executive Board member Isabel Schnabel outlined the significant fiscal challenges facing the euro area, driven by geopolitical uncertainty and demographic shifts.
US tariffs trigger limited Chinese trade diversion to ASEAN and Africa
A new ECB study finds that US tariffs introduced in 2025 led to a decline in Chinese exports to the United States.
Digital euro pilot set for mid-2027, issuance targeted for 2029
Piero Cipollone, Member of the Executive Board of the ECB, outlined the progress of the digital euro project.