, and thus an important factor for its credibility and policy effectiveness. This paper analyses the coverage which ECB … that the press critically discusses the ECB’s policy decisions in the context of prior market expectations and of the … inflation environment, and that the media’s coverage of decisions is generally highly responsive to ECB communication – in …

reversed, and that in the euro period the Friedman-Ball link is empirically supported, consistently with the idea that the ECB …

households, we investigate these questions for the case of the European Central Bank (ECB). Our findings suggest that knowledge … on the ECB’s objectives is far from perfect. Both a weak desire to be informed and unawareness of insufficient knowledge …

Using event-study techniques we investigate the presence and the magnitude of spillovers from the ECB’s non … Republic, Hungary, Poland and Romania). Generally, we find strong evidence of spillover effects from the ECB’s announcements on …

of debt. Using a small macro-finance BVAR model, we estimate that the ECB’s government bond purchases, as announced on 22 … are likely to underestimate the overall impact of the ECB’s purchases on interest rates and inflation, as they exclude …

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 …

, arts. 256(1) subpara 1 and 263(4). Specifically, the case pertained to the scope of direct ECB oversight of significant …

of its existence. We detect a similar, but less pronounced upturn in trust in the ECB during the recovery. Our …