Central bank speeches and press conferences · Euro Area
Euro Area ECB Escrivá Speech
The Euro Area ECB Escrivá Speech is a scheduled speech, press conference or appearance before lawmakers by a policymaker of the European Central Bank.
- Importance
- Medium
- Devise
- EUR · euro
- Banque centrale
- The European Central Bank
Derniers chiffres
Aucun résultat de cette publication n’est encore affiché. Ils apparaîtront ici dès leur publication.
Pourquoi c’est important
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 deposit facility rate (with the main refinancing rate); members who vote on rates matter more than those who do not, and a change in a usually predictable speaker's tone matters most.
Mode de calcul
There is no figure; what matters is whether the remarks change expectations for rates.
Ce que signifient les variations
- 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.
Un bref historique
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.
Questions
What is the Euro Area ECB Escrivá Speech?
The Euro Area ECB Escrivá Speech is a scheduled speech, press conference or appearance before lawmakers by a policymaker of the European Central Bank.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.