statements and press conferences announcing monetary policy actions taken by the ECB. We find that an unexpected decrease of 25 …

Using micro data from the 2015 Dutch CentERpanel, we examine whether trust in the European Central Bank (ECB … find that higher trust in the ECB lowers inflation expectations on average, and significantly reduces uncertainty about … future inflation. Moreover, results from quantile regressions suggest that trusting the ECB increases (lowers) inflation …

in 2008.09. Second, the liquidity injected in the market by the ECB played an important role in attenuating the … macroeconomic impact of the shock. According to our counterfactual simulations based on the structural model, in the absence of ECB …

forecasts from the ECB Survey of Professional Forecasters. We exploit the panel dimension in this dataset to examine whether … aligned with the ECB definition of price stability. More notably, however, we identify a trend toward a more uncertain and …

comprehensive real-time database for the euro area and examines the ECB's past interest-rate setting behaviour in two complementary … historical evolution of euro area monetary policy. We also find that the ECB is neither purely backward nor forward-looking, but …