Central bank speeches and press conferences · Germany

Germany Bundesbank Balz Speech

The Germany Bundesbank Balz Speech is a scheduled speech, press conference or appearance before lawmakers by a policymaker of the European Central Bank (with the Bundesbank).

Importancia
Medium
Divisa
EUR · euro
Banco central
The European Central Bank (with the Bundesbank)
Mueve
EURAUD · EURCAD · EURCHF · EURDKK · EURGBP · EURHKD · EURHUF · EURJPY

Últimas cifras

Aún no se muestran resultados de esta publicación. Aparecerán aquí en cuanto se publiquen.

Verlo en el calendario económico →

Por qué importa

Policymakers use speeches to prepare markets for decisions. A governor or chair can move the euro and bond yields with a single sentence about the outlook for the ECB's rates; members who vote on rates matter more than those who do not, and a change in a usually predictable speaker's tone matters most.

Cómo se calcula

There is no figure; what matters is whether the remarks change expectations for rates.

Qué significan los cambios

  • Listen for the balance between inflation worries (hawkish) and growth or job worries (dovish).
  • Prepared remarks are released at the start; the questions afterwards often carry the surprises.
  • Testimony before parliament or congress is usually the most market-moving.

Una breve historia

For most of the 20th century central bankers said as little as possible; since the 1990s, communication and forward guidance have become policy tools in their own right.

Preguntas

What is the Germany Bundesbank Balz Speech?

The Germany Bundesbank Balz Speech is a scheduled speech, press conference or appearance before lawmakers by a policymaker of the European Central Bank (with the Bundesbank).

Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.