effects. The announcement of an ECB euro liquidity line decreases the premium paid by foreign agents to borrow euros in FX … equity prices increase by around 1.75% in euro area countries highly exposed via banking linkages to countries whose …

, financial system soundness) for ERM2, each candidate should be able to shadow the euro, with sufficient flexibility around the …

Do euro area inflation expectations remain well-anchored? This paper finds that the protractedperiod of low (and below …-target) inflation in the euro area since 2013 has weakened theiranchoring. Testing their sensitivity to inflation and macroeconomic news … observed before in the euro area …

Most short-term interest rates in the Euro area are below the European Central Bank deposit facility rate, the rate at …

policy frameworks and the fiscal support in the U.S. and euro area during the pandemic. Moving from a previous target of … “below, but close to 2 percent” to a formal symmetric inflation targeting regime in the euro area or from flexible to average … in the U.S. and the euro area, and a slower withdrawal of fiscal support in the euro area, have a similar impact on …