Central bank minutes · Euro Area
Euro Area ECB Monetary Policy Meeting Accounts
The Euro Area ECB Monetary Policy Meeting Accounts is the written account of the European Central Bank's latest policy meeting: the arguments made, the risks discussed and how members voted.
- Важность
- High
- Следующая публикация
- Валюта
- EUR · euro
- Центральный банк
- The European Central Bank
Последние данные
Результаты этой публикации пока не показаны. Они появятся здесь сразу после выхода.
Почему это важно
The decision itself is known weeks earlier; the minutes show how close the committee was to a different decision and what would change its mind. Traders scan them for hints about the next move in the deposit facility rate (with the main refinancing rate), so a more hawkish or dovish tone than expected moves the euro and short-term bond yields.
Как считается
There is no figure. The central bank's staff write a summary of the meeting, approved by the members and published on a set date (three weeks after the meeting for the Fed, four for the ECB's accounts).
Что означают изменения
- Count the references to inflation risks against growth risks.
- "Many" or "most" members holding a view means more than "a few" or "some".
- Disagreement in the committee often foreshadows a change of direction.
Выше ожиданий: A more hawkish tone than expected tends to lift the euro and short-term yields.
Ниже ожиданий: A more dovish tone than expected tends to weaken the euro and lower short-term yields.
Краткая история
The Federal Reserve began publishing FOMC minutes with a delay of three weeks in 2005 (it used to wait for the next meeting); the Bank of England publishes minutes with each decision since 2015, and the ECB began publishing accounts of its meetings in 2015.
Вопросы
What is the Euro Area ECB Monetary Policy Meeting Accounts?
The Euro Area ECB Monetary Policy Meeting Accounts is the written account of the European Central Bank's latest policy meeting: the arguments made, the risks discussed and how members voted.
When is the next Euro Area ECB Monetary Policy Meeting Accounts?
On Thursday 26 November 2026 at 12:30 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.