ECB shifts policy as major central banks take on inflation
Friday 17 December 2021 – Vol.12 Ed.50.5
Commentary: Inflation reaction: US, UK from Mars, Europe from Venus
By David Marsh in Berlin
The ECB is banking on ‘flexibility’ in continued monetary easing, confirming divergent approaches on inflationary threats compared with the US Federal Reserve and Bank of England. Amid a flurry of central banking policy announcements, the ECB said it will scale back pandemic-related emergency asset purchases in line with higher inflation. In their respective responses to inflation, the US and UK are from Mars, while Europe appears to hail from Venus.
Read the full commentary on the website.
Meeting: The ECB and the latest monetary policy stance in the euro area
Thursday 17 February 13:30-14:30 GMT
Katrin Assenmacher, head of the European Central Bank’s monetary policy strategy division, discusses the bank’s latest thinking and policy stance in the euro area and how to communicate this effectively. This includes the outlook for inflation, the configuration of monetary policy tools, the analysis of monetary and financial factors and the greening of monetary policy in the light of the ECB’s new strategy.
Register to attend here.
