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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.
What are the likely economic consequences of Russia’s invasion of Ukraine and the responses by the international community? The IGM Forum at Chicago Booth invited its panel of leading European and US economists to express their views. As this column reports, an overwhelming majority of the experts think that the economic and financial sanctions that have been implemented to
Financial help with rising prices must be targeted at society’s most vulnerable
Financial help with rising prices must be targeted at society’s most vulnerable
The European Central Bank should tighten the rules governing personal investments by its policymakers if it wants to steer clear of controversies like that embroiling the Federal Reserve, lawmakers, academics and transparency activists say. Their proposals include having the euro zone’s rate-setters only invest via wealth managers, publishing the time of any personal trade, and ...