Lena-Sophie Demuth
@lsdemuth.bsky.social
Digital communications at the European Central Bank🇪🇺 Views my own.
Reposted by Lena-Sophie Demuth
Financial literacy makes households more responsive to interest rates, fosters risk-taking and affects inflation expectations, says Executive Board member @isabelschnabel.bsky.social. This strengthens monetary transmission, making our policies more effective.
Read her speech europa.eu/!mnVk9Q
Read her speech europa.eu/!mnVk9Q
March 27, 2025 at 6:44 PM
Financial literacy makes households more responsive to interest rates, fosters risk-taking and affects inflation expectations, says Executive Board member @isabelschnabel.bsky.social. This strengthens monetary transmission, making our policies more effective.
Read her speech europa.eu/!mnVk9Q
Read her speech europa.eu/!mnVk9Q
Reposted by Lena-Sophie Demuth
Today I had another exchange with German-speaking economists on the challenges facing the German and euro area economy and what this implies for monetary policy @ecb.europa.eu. One focus was how to make sure that the German packages for defence and infrastructure will become a success. 1/3
March 17, 2025 at 9:55 PM
Today I had another exchange with German-speaking economists on the challenges facing the German and euro area economy and what this implies for monetary policy @ecb.europa.eu. One focus was how to make sure that the German packages for defence and infrastructure will become a success. 1/3
Reposted by Lena-Sophie Demuth
Yesterday I delivered a speech with the title “No longer convenient? Safe asset abundance and r*” at the @bankofengland.bsky.social's #2025BEARconference. Let me summarise the main messages in a 🧵. 1/16
Moving from a global savings to a global bond glut is putting upward pressure on the real equilibrium rate, says Executive Board member @isabelschnabel.bsky.social. Monetary policy may be less restrictive and balance sheet policies less effective than thought.
www.ecb.europa.eu/press/key/da...
www.ecb.europa.eu/press/key/da...
February 26, 2025 at 9:38 AM
Yesterday I delivered a speech with the title “No longer convenient? Safe asset abundance and r*” at the @bankofengland.bsky.social's #2025BEARconference. Let me summarise the main messages in a 🧵. 1/16
Reposted by Lena-Sophie Demuth
Happy Women's Day! On this occasion I gave an interview to Wochentaz (today they call themselves frauentaz 😀), this time not related to monetary policy, but about women in general and me in particular. 1/2
March 8, 2025 at 5:07 PM
Happy Women's Day! On this occasion I gave an interview to Wochentaz (today they call themselves frauentaz 😀), this time not related to monetary policy, but about women in general and me in particular. 1/2
Reposted by Lena-Sophie Demuth
Good news for researchers - don't miss out!
We just launched a pilot project @ecb.europa.eu to share anonymised data on bank balance sheets and interest rates for loans and deposits in the euro area. 1/2
www.ecb.europa.eu/press/pr/dat...
We just launched a pilot project @ecb.europa.eu to share anonymised data on bank balance sheets and interest rates for loans and deposits in the euro area. 1/2
www.ecb.europa.eu/press/pr/dat...
ECB launches pilot project for research access to confidential statistical data
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...
www.ecb.europa.eu
March 13, 2025 at 3:00 PM
Good news for researchers - don't miss out!
We just launched a pilot project @ecb.europa.eu to share anonymised data on bank balance sheets and interest rates for loans and deposits in the euro area. 1/2
www.ecb.europa.eu/press/pr/dat...
We just launched a pilot project @ecb.europa.eu to share anonymised data on bank balance sheets and interest rates for loans and deposits in the euro area. 1/2
www.ecb.europa.eu/press/pr/dat...
Reposted by Lena-Sophie Demuth
In my interview with @financialtimes.com published today I explained my current thinking about the @ecb.europa.eu ’s monetary policy and gave some personal reflections on the upcoming update of our monetary policy strategy. Let me briefly summarise the main points in a 🧵. 1/16
As we can no longer be confident that our monetary policy is restrictive, the direction of travel is less clear, Executive Board member @isabelschnabel.bsky.social tells @financialtimes.com. We are nearing the point where we may need to pause or halt our rate cuts.
www.ecb.europa.eu/press/inter/...
www.ecb.europa.eu/press/inter/...
February 19, 2025 at 4:14 PM
In my interview with @financialtimes.com published today I explained my current thinking about the @ecb.europa.eu ’s monetary policy and gave some personal reflections on the upcoming update of our monetary policy strategy. Let me briefly summarise the main points in a 🧵. 1/16
Reposted by Lena-Sophie Demuth
As we can no longer be confident that our monetary policy is restrictive, the direction of travel is less clear, Executive Board member @isabelschnabel.bsky.social tells @financialtimes.com. We are nearing the point where we may need to pause or halt our rate cuts.
www.ecb.europa.eu/press/inter/...
www.ecb.europa.eu/press/inter/...
February 19, 2025 at 11:02 AM
As we can no longer be confident that our monetary policy is restrictive, the direction of travel is less clear, Executive Board member @isabelschnabel.bsky.social tells @financialtimes.com. We are nearing the point where we may need to pause or halt our rate cuts.
www.ecb.europa.eu/press/inter/...
www.ecb.europa.eu/press/inter/...
Reposted by Lena-Sophie Demuth
Yesterday I joined an interesting discussion in Nuremberg on how to make Germany and Europe "fit for future".
In my introductory remarks, I stressed the structural factors that dampen productivity growth in the euro area, posing challenges for the future. 1/4
In my introductory remarks, I stressed the structural factors that dampen productivity growth in the euro area, posing challenges for the future. 1/4
Coming up today at 18:00 CET: Executive Board member @isabelschnabel.bsky.social joins a panel discussion on economic reforms for Germany and Europe. The event is organised by the Institute for Employment research.
Watch live (in German) www.youtube.com/live/HdUp74m...
Watch live (in German) www.youtube.com/live/HdUp74m...
February 12, 2025 at 5:48 PM
Yesterday I joined an interesting discussion in Nuremberg on how to make Germany and Europe "fit for future".
In my introductory remarks, I stressed the structural factors that dampen productivity growth in the euro area, posing challenges for the future. 1/4
In my introductory remarks, I stressed the structural factors that dampen productivity growth in the euro area, posing challenges for the future. 1/4
Reposted by Lena-Sophie Demuth
Executive Board member @isabelschnabel.bsky.social: Escaping stagnation (slides)
English: www.ecb.europa.eu/press/key/da...
German: www.ecb.europa.eu/press/key/da...
English: www.ecb.europa.eu/press/key/da...
German: www.ecb.europa.eu/press/key/da...
February 11, 2025 at 5:05 PM
Executive Board member @isabelschnabel.bsky.social: Escaping stagnation (slides)
English: www.ecb.europa.eu/press/key/da...
German: www.ecb.europa.eu/press/key/da...
English: www.ecb.europa.eu/press/key/da...
German: www.ecb.europa.eu/press/key/da...
Reposted by Lena-Sophie Demuth
Coming up today at 18:00 CET: Executive Board member @isabelschnabel.bsky.social joins a panel discussion on economic reforms for Germany and Europe. The event is organised by the Institute for Employment research.
Watch live (in German) www.youtube.com/live/HdUp74m...
Watch live (in German) www.youtube.com/live/HdUp74m...
February 11, 2025 at 1:50 PM
Coming up today at 18:00 CET: Executive Board member @isabelschnabel.bsky.social joins a panel discussion on economic reforms for Germany and Europe. The event is organised by the Institute for Employment research.
Watch live (in German) www.youtube.com/live/HdUp74m...
Watch live (in German) www.youtube.com/live/HdUp74m...
Reposted by Lena-Sophie Demuth
Did you know that we regularly welcome visitors to our main building in Frankfurt?
Just this week, Executive Board member @isabelschnabel.bsky.social met high-school students from Heidelberg to talk about who we are and what we do.
Visit us: www.ecb.europa.eu/ecb-and-you/...
Just this week, Executive Board member @isabelschnabel.bsky.social met high-school students from Heidelberg to talk about who we are and what we do.
Visit us: www.ecb.europa.eu/ecb-and-you/...
January 23, 2025 at 9:17 AM
Did you know that we regularly welcome visitors to our main building in Frankfurt?
Just this week, Executive Board member @isabelschnabel.bsky.social met high-school students from Heidelberg to talk about who we are and what we do.
Visit us: www.ecb.europa.eu/ecb-and-you/...
Just this week, Executive Board member @isabelschnabel.bsky.social met high-school students from Heidelberg to talk about who we are and what we do.
Visit us: www.ecb.europa.eu/ecb-and-you/...
Reposted by Lena-Sophie Demuth
It is great to talk to young people and explain to them what we do. In our Visitor Centre, we have a small version of our Governing Council table, creating an authentic atmosphere. One surprise for me was that quite a few of the young people said they prefer using cash to cards. #ourECB #ECBandYou
Did you know that we regularly welcome visitors to our main building in Frankfurt?
Just this week, Executive Board member @isabelschnabel.bsky.social met high-school students from Heidelberg to talk about who we are and what we do.
Visit us: www.ecb.europa.eu/ecb-and-you/...
Just this week, Executive Board member @isabelschnabel.bsky.social met high-school students from Heidelberg to talk about who we are and what we do.
Visit us: www.ecb.europa.eu/ecb-and-you/...
January 23, 2025 at 9:25 AM
It is great to talk to young people and explain to them what we do. In our Visitor Centre, we have a small version of our Governing Council table, creating an authentic atmosphere. One surprise for me was that quite a few of the young people said they prefer using cash to cards. #ourECB #ECBandYou
Reposted by Lena-Sophie Demuth
Tomorrow marks the 80th anniversary of the liberation of the Auschwitz-Birkenau concentration camp and we will gather at the @ecb to honour the memory of Holocaust victims, particularly those deported from the Großmarkthalle in Frankfurt, which forms part of our main building. 1/3
January 26, 2025 at 1:29 PM
Tomorrow marks the 80th anniversary of the liberation of the Auschwitz-Birkenau concentration camp and we will gather at the @ecb to honour the memory of Holocaust victims, particularly those deported from the Großmarkthalle in Frankfurt, which forms part of our main building. 1/3
Reposted by Lena-Sophie Demuth
It was great fun to join @finanztip.bsky.social for an interview on inflation, monetary policy and the economic challenges lying ahead (available on YouTube). Thanks to Saidi & his team for coming to the ECB, and for your work on improving #FinancialLiteracy, which also matters for monetary policy.
How is inflation developing? What challenges lie ahead for our economy? And what role do central bankers play?
Executive Board member @isabelschnabel.bsky.social spoke to @finanztip.bsky.social to discuss these questions and more.
www.youtube.com/watch?v=fU-O...
Executive Board member @isabelschnabel.bsky.social spoke to @finanztip.bsky.social to discuss these questions and more.
www.youtube.com/watch?v=fU-O...
January 19, 2025 at 9:30 PM
It was great fun to join @finanztip.bsky.social for an interview on inflation, monetary policy and the economic challenges lying ahead (available on YouTube). Thanks to Saidi & his team for coming to the ECB, and for your work on improving #FinancialLiteracy, which also matters for monetary policy.
Reposted by Lena-Sophie Demuth
How is inflation developing? What challenges lie ahead for our economy? And what role do central bankers play?
Executive Board member @isabelschnabel.bsky.social spoke to @finanztip.bsky.social to discuss these questions and more.
www.youtube.com/watch?v=fU-O...
Executive Board member @isabelschnabel.bsky.social spoke to @finanztip.bsky.social to discuss these questions and more.
www.youtube.com/watch?v=fU-O...
January 19, 2025 at 9:26 AM
How is inflation developing? What challenges lie ahead for our economy? And what role do central bankers play?
Executive Board member @isabelschnabel.bsky.social spoke to @finanztip.bsky.social to discuss these questions and more.
www.youtube.com/watch?v=fU-O...
Executive Board member @isabelschnabel.bsky.social spoke to @finanztip.bsky.social to discuss these questions and more.
www.youtube.com/watch?v=fU-O...
Reposted by Lena-Sophie Demuth
Chief Economist Philip R. Lane tells @derstandard.at how we have made significant progress on our inflation target and that we need inflation to be sustainably at 2 per cent.
Read his interview www.ecb.europa.eu/press/inter/...
Read his interview www.ecb.europa.eu/press/inter/...
January 13, 2025 at 7:00 AM
Chief Economist Philip R. Lane tells @derstandard.at how we have made significant progress on our inflation target and that we need inflation to be sustainably at 2 per cent.
Read his interview www.ecb.europa.eu/press/inter/...
Read his interview www.ecb.europa.eu/press/inter/...
Reposted by Lena-Sophie Demuth
In my speech “Navigating towards neutral”, delivered at the @cepr.org #ParisSymposium, I argue that monetary policy should proceed gradually towards neutral and remain data-dependent. Once price stability is restored, we can be more tolerant of moderate deviations from target. 1/22
December 17, 2024 at 6:37 PM
In my speech “Navigating towards neutral”, delivered at the @cepr.org #ParisSymposium, I argue that monetary policy should proceed gradually towards neutral and remain data-dependent. Once price stability is restored, we can be more tolerant of moderate deviations from target. 1/22
Reposted by Lena-Sophie Demuth
Much of the impact of our monetary policy decisions on the real economy is yet to come, says ECB Vice-President Luis de Guindos.
That’s why we need a data-dependent approach to determining the appropriate level and duration of this restrictive policy stance
www.ecb.europa.eu/press/key/da...
That’s why we need a data-dependent approach to determining the appropriate level and duration of this restrictive policy stance
www.ecb.europa.eu/press/key/da...
The inflation outlook and monetary policy in the euro area
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...
www.ecb.europa.eu
October 4, 2023 at 8:30 PM
Much of the impact of our monetary policy decisions on the real economy is yet to come, says ECB Vice-President Luis de Guindos.
That’s why we need a data-dependent approach to determining the appropriate level and duration of this restrictive policy stance
www.ecb.europa.eu/press/key/da...
That’s why we need a data-dependent approach to determining the appropriate level and duration of this restrictive policy stance
www.ecb.europa.eu/press/key/da...
Reposted by Lena-Sophie Demuth
Welcome to my new followers on this platform, which looks quite promising. Today we indeed had a blue sky in Frankfurt, so I send you a picture of the place where I spend most of my time. Looking forward to fruitful exchanges! #ourECB #firstpost
October 3, 2023 at 8:32 PM
Welcome to my new followers on this platform, which looks quite promising. Today we indeed had a blue sky in Frankfurt, so I send you a picture of the place where I spend most of my time. Looking forward to fruitful exchanges! #ourECB #firstpost