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Low implied equity market volatility could underestimate financial stability vulnerabilities

Low implied equity market volatility could underestimate financial stability vulnerabilities
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Underlying inflation - Philip R Lane

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

Underlying inflation

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

Monetary policy during the pandemic: the role of the PEPP

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

The CEPR report on the ECB strategy: A comment on the tools of monetary policy

The CEPR report on the ECB strategy brings together a leading set of European economists (Lucrezia Reichlin, Klaus Adam, Warwick McKibbin, Michael McMahon, Ricardo Reis, Giovanni Ricco, and Beatrice Weder di Mauro) to review some of the most important issues central bankers are dealing with in the current environment. As they state in their introduction, their contribution

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