Summary Decided to raise the three key ECB interest rates by 50 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 3.00%, 3.25 % and...
Central Bank
FOMC, February 2, 2023, Press Release – What has changed?
Summary: Modest growth in spending and production. (change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains has eased somewhat but remains elevated. (Change) Russia’s war against Ukraine is causing...
ECB Press Release December 15, 2022 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 50 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 2.50%, 2.75 % and...
FOMC, December 14, 2022, Press Release – What has changed?
Summary: Modest growth in spending and production have softened. (No change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the...
FOMC, November 2, 2022, Press Release – What has changed?
Summary: Modest growth in spending and production have softened. (No change) Job gains have been robust in recent months, and the unemployment rate has remained low. (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the...
ECB Press Release October 27, 2022 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 75 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 1.25%, 1.50%, and...
FOMC, September 21, 2022, Press Release – What has changed?
Summary: Modest growth in spending and production have softened. (Change) Job gains have been robust in recent months, and the unemployment rate has remained low (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the...
ECB Press Release September 8, 2022 – What Has Changed?
Summary Decided to raise the three key ECB interest rates by 75 basis points; accordingly, the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will be increased to 1.25%, 1.50%, and...
FOMC, July 27, 2022, Press Release – What has changed?
Summary: Spending and production have softened. (Change) Job gains have been robust in recent months, and the unemployment rate has remained low (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher food...
ECB Press Release July 21, 2022 – What Has Changed?
Summary strong commitment to price stability mandate (No Change) took further key steps to make sure that inflation returns to its 2% target over the medium term (Change) decided to raise the three key ECB interest rates by 50 basis points; the interest rate on the...
FOMC, June 15, 2022, Press Release – What has changed?
Summary: Economic activity edging down but household spending and business fixed investment remain strong. (No Change) Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. (No...
ECB Press Release June 9, 2022 – What Has Changed?
Summary The Governing Council decided to take further steps in normalizing monetary policy. Throughout this process, it will maintain optionality, data-dependence, gradualism and flexibility. (Change) Judged that the incoming data since its last meeting reinforced its...
FOMC, May 4, 2022, Press Release – What has changed?
Summary: Economic activity edged down but household spending and business fixed investment remain strong. (Change) Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. (No...
ECB Press Release April 14, 2022 – What Has Changed?
Summary The Governing Council judged that the incoming data since its last meeting reinforced its expectation that net asset purchases under its asset purchase programme should be concluded in the third quarter. (No Change) The ECB’s monetary policy will depend on the...
FOMC, March 16, 2022, Press Release – What has Changed?
Summary: References to COVID-19 and vaccine removed. (Change) Job gains have been strong. (Change) Inflation remains elevated, reflecting supply and demand imbalances related to the pandemic, higher energy prices, and broader price pressures. (New) The invasion of...
ECB Press Release March 10, 2022 – What Has Changed?
Summary ECB will ensure smooth liquidity conditions and implement the sanctions decided by the European Union and European governments. (New) Monthly net purchases under the APP will amount to €40 billion in April, €30 billion in May and €20 billion in June. The...
FOMC, January 26, 2022, Press Release – What Has Changed?
Summary: Indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months but have been affected by the recent sharp rise in COVID-19 cases. (No Change) Supply and demand...
ECB Press Release December 16, 2021 – What Has Changed?
Summary Progress on economic recovery and towards its medium-term inflation target permits a step-by-step reduction in the pace of its asset purchases over the coming quarters. (New) discontinue net asset purchases under the Pandemic Emergency Purchase Programme...
FOMC, December 15, 2021, Press Release – What Has Changed?
Summary With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The sectors most adversely affected by the pandemic have improved in recent months, but continue to be affected by COVID-19....
FOMC, November 3, 2021, Press Release – What Has Changed?
Summary – Published November 11, 2021 With progress on vaccinations and strong policy support, indicators of economic activity and employment have continued to strengthen. The rise in COVID-19 cases has slowed recovery of the sectors most adversely affected. (Change)...