European Central Bank
ECB
Decoder
Macroprudential policy fosters European productivity growth
An ECB blog post published in July 2026 argues that macroprudential policy supports productivity by preventing crises and curbing unproductive real estate lending.
Focus
ECB
Paper
Agent-based model shows releasable buffers stabilize credit
A new European Central Bank working paper introduces the DeTail agent-based framework to evaluate state-contingent tail effects of releasable macroprudential capital buffers.
ECB
Paper
Import tariffs contract US manufacturing via network linkages
A European Central Bank working paper shows that US import tariffs reduce domestic manufacturing output through backward and forward network linkages.
Latest
ECB
Press
50 billion euro liquidity line launched for central banks
The European Central Bank has started onboarding non-euro area central banks to its enhanced repo facility.
ECB
Paper
Euro area firms report moderate growth amid Middle East tensions
ECB staff contacts with 76 leading non-financial companies indicate moderate activity growth across the euro area in the second and third quarters of 2026.
ECB
Press
Consumer inflation expectations ease across horizons in June
Consumer perceptions and expectations of inflation over the next 12 months decreased significantly in June, according to the European Central Bank's Consumer Expectations Survey.
More Topics
ECB
Press
Forecasters see steady inflation and slower growth
The European Central Bank published its Survey of Professional Forecasters for the third quarter of 2026 on July 24. Respondents kept headline inflation expectations unchanged while revising down economic growth forecasts.
ECB
Press
Ten shortlisted designs revealed for new euro banknotes
The European Central Bank has unveiled ten shortlisted designs for the next series of euro banknotes.
ECB
Speech
Key interest rates held steady amid energy shock
The European Central Bank kept its three key interest rates unchanged at its July meeting.
ECB
Press
Interest rates held steady at 2.25 percent
The European Central Bank has kept its three key interest rates unchanged, with the deposit facility rate remaining at 2.25 percent.
ECB
Press
Kisselevsky appointed Director General Secretariat at ECB
The European Central Bank has appointed Boris Kisselevsky as Director General Secretariat.
ECB
Data
Euro area banks tighten credit, demand mixed in Q2
Euro area banks reported a moderate net tightening of credit standards for firms and households in the second quarter of 2026.