coverage of high-frequency identified monetary policy announcements on households' inflation expectations in an event study and … a generalized Difference-in-Differences approach with stacked data. If a monetary policy decision receives news coverage …' monetary policy announcements, which are primarily informational in nature, leads to an inverse adjustment, i.e., expansionary …

markets. This has important implications for the conduct of monetary policy, as central bank policies may diverge across …-linear multivariate time series model to shed light on how the US monetary policy stance affects the conduct of monetary policy in the … quantities such as government bond yields and inflation swaps to euro area monetary policy shocks change with the US policy …

We show that the announcement of the ECB's Strategy Review and the revision of its inflation target in summer 2021 went …-term. Randomised information treatments reveal that providing additional explanations about monetary policy's stabilising role has the …

The ECB was not slow to react to the rising inflation, but rather reacted very strongly as the price shocks escalated … and the supply bottlenecks persisted longer than widely expected. The ECB raised rates later and less forcefully than the … above 2 %, whereas the ECB's policy rate was below zero, unemployment high and the economy still recovering from previous …

outside the EMU. The analysis covered years from October 1998 to December 2021 and was based on the VEC model and UIP parity … European non-EMU economies and their euro area counterpart. We find a significant asymmetry in this relation. The results … countries asymmetrically do not affect ECB rates at all …

We study alternative monetary policy strategies in the presence of the lower bound on nominal interest rates and a low …

some conclusions for the current and potential future conduct of the ECB's monetary policy.Monetary policy has a gradual … economies, central banks have progressively tightened their monetary policy stance since late 2021 to ensure a prompt return to … suitable monetary policy response, aimed at anchoring these expectations to central bank targets, is crucial to minimizing the …

data to analyze how the vocal emotions and language of ECB President Mario Draghi affect the yield curve of major euro area …