European Central Bank (ECB)
EBA launches stricter EU-wide stress test for 2025
Banks face more scrutiny of credit risks following “overly optimistic projections” in past exercises
Basel stops short on wrong-way risk
New guidelines a step in right direction, but experts warn they won’t prevent another Archegos
ECB lists climate and tech risks as supervisory priorities
SSM says strong governance and geopolitical risks will also be among key areas of focus in 2025–27
ECB presidents’ displays of emotion affect markets – study
Research says leaders’ facial expressions and tones of voice amplify effects of their policy statements
West Balkan central banks to create instant payments system
Albania, Bosnia and Herzegovina, Kosovo, and Montenegro to launch Tips clone in 18 months
ECB set for 100bp of rate cuts by autumn – Greek governor
France is ‘an issue’ and Trump presidency an ‘explosive mix’, says Stournaras
2024: The year in central banking
A look back at the biggest and most popular news stories of the year
Central banks need to foster trust – ECB report
Instilling public confidence helps in achieving policy objectives and maintaining independence
ECB raises capital requirements for eurozone banks
Geopolitics and macro-financial shocks remain top priority for next three years, annual review states
ECB president says bank can return to adjustable policy horizon
Households do not perceive how their incomes have risen, which harms growth, says Lagarde
ECB cuts rates by 25bp
Eurosystem disinflation “well on track” and council “did not discuss” TPI, says Lagarde
Digital euro can fill market gap, panellists say
Representatives from central banks and industry discuss use cases for retail and wholesale CBDCs
BIS and World Bank find central banks split over retail CBDCs
Study says many institutions see value in launching fast payments systems first
South European states benefited most from NGEU – ECB
Recovery and resilience facility’s structural reforms expected to pay off in the long run
Digital euro’s ‘cash-like privacy’ hinges on offline functionality
Update report notes disagreement between banks and consumer representatives on key design aspects
Norway joins Target instant payments system
Country becomes first non-EU member to settle payments in Tips
Keep liquidity provision loose during shocks – ECB study
Central banks can lessen harm to economy by reducing liquidity premium, say authors
Capital markets union faces ‘death by a thousand cuts’ – Lagarde
ECB president tears into European leaders’ inaction over innovation and wealth creation
Rate hikes affect manufacturing economies more – Fed study
Authors find similar effects across eurozone and in US at county level
Cipollone calls for team spirit to combat cyber attacks
ECB board member says supervisors and industry will need to collaborate more to tackle growing threat
Nature loss is key metric for supervisors – ECB board member
Elderson says central banks need to develop better ways to measure its impact on financial stability