
	&nbsp;Association of German Banks on the ECB’s Governing Council Meeting: right to cut interest rates
	ECB not yet able to switch to ‘relaxation mode’


Heiner Herkenhoff, CEO of the Association of German Banks supports today’s announcement by the European Central Bank (ECB) that it will cut its

Herkenhoff: continued sensitivity required from the ECB


	The Association of German Banks reflects on the ECB’s decision
	The risk of inflation is still present
	Avoid overly optimistic economic predictions


The European Central Bank (ECB) has, as expected, responded to the fact that the risk of inflation has abated significantly since Autumn of last

Further reduction in ECB interest rates is not inevitable

"The digital euro is a European joint project in which the German banks continue to actively participate. However, we have many questions that should still be answered by the ECB. Among other things, there is no concrete answer to what risks a digital euro may have for financial market stability,"

Herkenhoff: Unanswered questions about the ECB&#039;s digital euro

“The European Central Bank has made the right decision not to end interest rate hikes prematurely. By doing so, it is staying the course on its monetary policy,” said Heiner Herkenhoff, Managing Director of the Association of German Banks, on today’s ECB Governing Council meeting. 

‘ECB have made the right decision’ says Herkenhoff


	Erneute Zinssenkung trägt Konjunktursorgen Rechnung
	Zinssenkungen lösen hartnäckige Wachstumsschwäche nicht


Die Europäische Zentralbank (EZB) hat heute erneut die Zinsen gesenkt. „Damit hat die EZB den Konjunktursorgen im Euroraum stärker Rechnung getragen“, sagt Heiner Herkenhoff, Hauptge

Herkenhoff: EZB darf bei Zinspolitik nicht auf Autopilot schalten


	&nbsp;Association of German Banks on the ECB’s Governing Council Meeting: right to cut interest rates
	ECB not yet able to switch to ‘relaxation mode’


Heiner Herkenhoff, CEO of the Association of German Banks supports today’s announcement by the European Central Bank (ECB) that it will cut 

1)&nbsp;&nbsp; &nbsp;What does SSM mean?

The abbreviation SSM stands for Single Supervisory Mechanism. This is the system of banking supervision in Europe, which consists of the European Central Bank (ECB) and the national supervisory authorities of the participating countries.&nbsp;

The SSM w

3 questions, 3 answers: SSM


	The Association of German Banks reflects on the ECB’s decision
	The risk of inflation is still present
	Avoid overly optimistic economic predictions


The European Central Bank (ECB) has, as expected, responded to the fact that the risk of inflation has abated significantly since Autumn of l

Today's decision by the Governing Council of the European Central Bank (ECB) to move its project to develop a digital euro into a preparation phase is viewed positively by the German Banking Industry (GBIC). "A properly designed digital euro can offer added value for the European economy and society

GBIC sees ECB decision for preparatory phase of a digital euro as positive / Consider risks and hold democratic debate

"The digital euro is a European joint project in which the German banks continue to actively participate. However, we have many questions that should still be answered by the ECB. Among other things, there is no concrete answer to what risks a digital euro may have for financial market stability," s

Herkenhoff: Unanswered questions about the ECB's digital euro

The European Central Bank (ECB) launched a public consultation in July 2023 on its Guide on effective risk data aggregation and risk reporting. The guide details supervisory expectations for governance and risk management and shares best industry practices. Banks are expected to step up and conclude

GBIC comments on ECB’s Guide on effective risk data aggregation and risk reporting

The European Central Bank (ECB) launched a public consultation in June 2023 on its revised Guide to internal models. The revision reflects updates on the legal framework and builds on the ECB’s experience gained over the years in supervising internal models. The revision accounts for climate-related

GBIC comments on ECB’s revised Guide to internal models

The ECB is pushing ahead with preliminary investigations regarding a Digital Euro at high speed. A digital euro can offer added value for the economy and society if it is designed properly. However, if it is not designed properly, a Digital Euro is associated with major risks that affect financial m

ECB

Current articles

Herkenhoff: continued sensitivity required from the ECB

Further reduction in ECB interest rates is not inevitable

Herkenhoff: Unanswered questions about the ECB&#039;s digital euro

‘ECB have made the right decision’ says Herkenhoff

Herkenhoff: Unanswered questions about the ECB's digital euro