Looking backwards not forwards: why has the ECB been too slow to react?
By Maria Demertzis In its spring 2023 inflation forecasts, issued on May 15, the European Commission predicted that euro-area inflation this year will be 5.8...
ECB
CBC Governor to participate in ECB in Frankfurt
The Governor of the Central Bank of Cyprus (CBC), Constantinos Herodotou, will participate on Wednesday, May 24 2023, in the European Central Bank (ECB) Governing...
Audit finds holes in ECB’s management of bank credit risk
European Central Bank supervisors are often too lenient with banks in how they manage credit risk, especially in the case of the worst performers, the...
ECB raises rates by 25 bps in inflation fight
The European Central Bank raised interest rates by 25 basis points to 3.25 per cent as expected on Thursday and said it would stop reinvesting...
Soft lending and inflation data pave way for smaller ECB hike
Euro zone banks are turning off the credit taps and a key gauge of inflation is finally falling, data showed on Tuesday, boosting the case...
Too high for comfort: Five questions for the ECB
Inflation in the euro area is too high for comfort, meaning markets expect the European Central Bank to deliver its seventh straight interest rate hike...
ECB executive pleased at Cyprus’ economic progress
ECB executive committee member and chief economist Philip Lane met with Central Bank of Cyprus (CBC) governor Constantinos Herodotou on Wednesday, after being invited by...
Consequences of persistent inflation and monetary policy
By Andreas Charalambous and Omiros Pissarides With the easing of the pandemic and the gradual reactivation of economies, rising inflation was initially perceived as a...
There are no shortcuts to finance
By Maria Demertzis The three Rs of regulation, reserves and (legal) recourse are crucial for the smooth functioning of financial markets. These basic underpinnings are...
ECB raises rates as planned despite banking turmoil
The European Central Bank raised interest rates by 50 basis points on Thursday as promised, ignoring financial market chaos and calls by investors to dial...
