provide euro area citizens with access to central bank money in an increasingly digitalised world. While a digital euro could … offer a wide range of benefits, it could prompt changes in the demand for bank deposits and services from private financial … entities (ECB, 2020a), with knock-on consequences for bank lending and resilience. By inducing bank disintermediation, a …

Under the Single Supervisory Mechanism (SSM) introduced in 2014, the European Central Bank directly supervises …

fundamental reserve demands of Fed member banks, we find that despite being doubled, reserve requirements were not binding on bank … fundamental reserve demands of Fed member banks, we find that despite being doubled, reserve requirements were not binding on bank …