by Positive Money Europe | Nov 29, 2021
A new study finds that ECB’s monetary policy affects the wage share of companies and thereby the distribution of income between workers and shareholders. Given that these effects differ by firm characteristics, monetary policy has uneven effects across the euro area. To tackle this, more targeted monetary policy tools should be developed.
by Positive Money Europe | Jul 8, 2021
The outcomes of the ECB’s strategic review show how much progress was made on civil society demands such as climate action and the inclusion of housing prices in inflation data. However, the ECB failed to depart from the status quo in terms of its core monetary policy tasks. Nonetheless, the ECB’s commitment to carry out periodic reviews, as soon as in 2025) are good foundations for working towards a more effective and fair monetary policy.
by Positive Money Europe | Nov 2, 2020
Positive Money Europe is calling on the European Central Bank to make debt-free payments to every eurozone resident to combat the economic crisis caused by Covid-19. In this article translated from Alternatives Economiques, our Executive Director Stanislas Jourdan explains the concept in full.
by Marie Storli | Oct 5, 2020
The Eurogroup is about to miss the opportunity to make the ECB’s Board gender-equal for the first time in history.
by Positive Money Europe | Sep 15, 2020
By Mathis Richtmann and Max Krahé Translated by Marc Beckmann In a landmark ruling in May this year, the Federal Constitutional Court in Germany questioned whether the purchase programs of the European Central Bank (ECB) were proportionate and therefore legal. In...
by Uuriintuya Batsaikhan | Sep 10, 2020
The U.S. Federal Reserve has adopted a new inflation target objective. We expect a similar change from the European Central Bank (ECB) when it concludes its Strategic Review in mid-2021. But the ECB will need to do much more than revising its inflation target if it wants to ensure speedy recovery and growth.