Despite a sharp rise in energy prices in early 2026, the euro area economy has proved resilient. This blog examines how ...

The ECB injects liquidity through its refinancing operations (currently the main refinancing operations and the longer-term ...

Yet amid all this uncertainty, one thing is clear: climate change and nature degradation will continue to shape our economies ...

Has food inflation lost its bite? In this blog we explain why food inflation has fallen sharply, why new pressures are ...

The AI investment boom in the United States is increasingly funded via private credit – loans extended outside of the banking sector – and corporate bonds. It remains to be seen whether the AI firms ...

Notes: For assets, a positive (negative) number indicates net purchases (sales) of non-euro area instruments by euro area investors. For liabilities, a positive (negative) number indicates net sales ...

The Eurosystem invites financial market stakeholders to express their interest in joining the TARGET Instant Payment ...

Bringing together experts across disciplines from 18 countries and three continents to discuss how we can ensure resilience ...

Despite global headwinds and the ongoing energy shock, the euro area economy has so far proved resilient. Growth was ...

From Keynes’s famous “digging holes” example to modern stabilisation policy, Economics has come a long way in understanding ...

In closing, Europe has much to gain by seizing the AI opportunity. The ECB is committed to making sure that the AI ...