Powell called out Trump for making stuff up to smear him "I'm not aware of that, Mr President. I haven't heard that from anybody at the Fed. You just added in a third building is what that is. No, it was built five years ago. We finished it five years ago. It's not new."

Five US banking associations challenge the banking licence applications submitted by several crypto firms alleging that custody services are not fiduciary services

Answering a question on the risk assessment in the 24 July #ECB monetary statement, ECB President Christine Lagarde clarified: "as a result of our strategy review, it was determined that we had to amplify, enhance, and probably give a slightly higher focus to risk assessments.

ECB President Lagarde @president.ecb.europa.eu on the availability of liquidities: "there is still plenty of liquidity in the system." "the volume has reduced over the course of time and it has reduced as a result of the reinvestment of #TLTROs, which is now completed.

The #ECB Governing Council decided today to have a break in rates cuts and maintain the 3 ecb key rates unchanged • Inflation at 2% med.-term target • Domestic price pressures incl. wage growth continue to ease BUT environment remains exceptionally uncertain, especially because of trade disputes

If we destroy nature, we destroy the economic activity that depends on it, says Executive Board member Frank Elderson. We are therefore assessing nature-related risks and the impact of ecosystem degradation on economic variables like inflation and growth europa.eu/!nNxPWr

Packed house for this year’s annual #EUbudget conference, organised by the EU Commission those 20-21 May 🔛The focus this year is set on the next #MFF (aka “long-term EU budget”) 🔥EU competitiveness at the menu of this morning’s second discussion panel

#monetarypolicy | As expected by most of the observers, the #ECB Governing Council announced today that it decided to lower the three ECB key rates by 25 bps 📄 www.ecb.europa.eu/press/pr/dat...

People got this wrong once, and so everyone is hesitant to predict the same today. But things are much worse for the US than in 2008: public debt levels, the fiscal largesse and the catastrophic state of the IRS, the US lost its allies, and the EU is doing much more to boost the international euro

#monetarypolicy | #ECB more than likely to further cut its key rates today. So, - 25 bps?

Have a nice #PiDay, ppl

Packed house for the @epc_eu policy dialogue focused on “The future of EU-UK relations on defence & security, trade & investment”. Insightful comment by Fabian Zuleeg on the common benefits the two parties would gain in a rapprochement in the field of capital markets but also on challenges regarding

Very interesting initiative from ECB to foster independent academic research and economic analysis

1/2 Christine Lagarde at #ECBandItsWatchers conference: "In this way, clarity on the reaction fonction can be seen as providing framework guidance – i.e. a type of guidance that comes from the discipline implicit in a monetary policy framework

The European Commission responds with countermeasures to US announcement that it would impose 25% tariffs on imports of steel and aluminium, which Commission qualifies as unjustified

The EU rn: Never waste a good crisis

1/n #eurogroup Commissioner Dombrovkis: As regards fiscal flexbility, what we propose is to activate national escape clauses, which would allow MSs for a limited period of time (just 4 years) to spend more on defence by up to one and half % of GDP each of those years. Current economic

Full report of the March 2025 #ECB staff macroeconomic projections for the euro area, including the revised projections for inflation and growth 📄 www.ecb.europa.eu/press/projec...

🇪🇺#EUCO | The conclusions on European #defence of this 6 March extraordinary meeting of the European Council have been released 📄 www.consilium.europa.eu/en/press/pre...

1/2 #MonetaryPolicy #ECB l Comes as no surprise for most of the #ECB watchers: the ECB Governing Council decided today to cut the three key rates by 25 bps 📄 ecb.europa.eu/press/pr/dat...

1/n President Zelenskyy: “Dear Antonio, dear Ursula, and I want to thank all European leaders for such signal strong support, from the begin of the war and  what's been, during all this period and last week, you stayed with us. And, of course from all Ukrainians,

While in Brussels, all the spotlights are focused on the Special #EUCO, in Frankfurt, the Governing Council of the @ecb s meeting for the March #Monetarypolicy decisions. It’s likely to further cut the #ECB key rates by 25 bps.

Veille de Sommet européen extraordinaire. Même le ciel de Woluwé s’y met 🇺🇦 Слава Україні✨

Prospective coalition of CDU/CSU and SPD wants to go for big tripple change of the debt brake: - all defense spending above 1% exempted - 500 bn debt-financed special vehicle for infrastructure - 0,35 additional structural deficit for federal states Greens still have to agree to get to 2/3 majority

5 pillars of #RearmEurope plan proposed by the EU Commission: 1 • A new financial 🇪🇺 instrument to support and increase defence investments by Member States (legal basis: 122 TFEU) It would allow the EU to borrow up to €150b on capital markets, through #EUbonds emissions and then propose loans to MS

SURE EU been cited as an exemple of the use of the proposed borrowing instrument which would be part of the new #ReArmEurope plan. The role and the implementation of this agile instrument, smaller than NGEU,, settled during the pandemic, has often been overlooked.

EU Treaties drafters, while including article 122 within the Treaty on the Functoning of the EU #EUlaw #EUdefence

📢 CALL FOR APPLICATIONS⁠ ⁠Bruegel is looking for a full-time Micro-economist with expertise in climate and finance policy. Apply before March 30th 2025, 23:59 CET with this link: 🔗 buff.ly/4385yQ6

#EUCO: The invitation letter by the European Council President @eucopresident.consilium.europa.eu to the EU heads of state or government for their special meeting in Brussels on 6 March. At the agenda: • Europe sovereignty, security and defence • Ukraine (and discussion with President Zelenskyy)

On Russian frozen assets HR/VP Kaja Kallas id not optimistic on having an agreement on March but says the work is ongoing. Not all Member States are supporting the proposal so far but Ms Kallas says that during this FAC, 1 more country, which was previously against moving on on this, came on board

🇪🇺🇺🇦”We have to achieve peace through strength” says @kajakallas.bsky.social at the end of today’s FAC • EU Council has adopted a 16th sanctions package and continues to work on a 17th one • New military initiative for Ukraine to come, numbers + details will be discussed at the 6th March special EUCO

Today marks the third anniversary of Russia’s unjustified invasion of Ukraine. We continue to stand with the people of Ukraine, who have been suffering through this horrific aggression.

🆙🇪🇺 Special EUCO meeting on Ukraine and European security and defence convened by the President of the European Council António Costa on 6 March

Whether celebrating some time off, family traditions, or simply being with your loved ones - best wishes for the season and into the New Year!🍾🎄 As far as 2025 resolutions go, have you considered sharing your ideas abt the EMU at the EUI @eui-eu.bsky.social? Florence really is beautiful in spring.

Seen at EU Council 👀

#ECOFIN Polish Finance Minister Andrz Domanski : "Not all Member States are ready to support common EU debt for defence. We need to find a pragmatic approach." "The discussion has just started, there is no taboo", "All options are on the table.”

My FinReg take on Milei sharing a scam project is that he refers to shitcoins as 'financial instruments.'"

Progress made by Bulgaria towards fulfilling the criteria to adopt the euro, macroeco outlook, draft recommendation on the economic policy of the euro area for 2025 and S1 2025's Eurogroup work programme are on the agenda of today's #Eurogroup meeting www.consilium.europa.eu/media/fnfclg...

🚨 We’re hiring! 🚨 Come and join us as a Senior Researcher. Your skills & voice are needed now more than ever in the civil society space to drive change and progressive new economics! 🌍💡 #JobAlert #Economics #CivilSociety positivemoney.org/vacancy/seni...

#Eurogroup : Belgian minister Vincent Van Peteghem doesn’t rule out, for security and defence purposes, alternatives to the use of the escape clause for defence announced by @vonderleyen.ec.europa.eu at #MunichSecurityConference, like a common European financial instrument or extended @EIB support

At #MunichSecurityConference Ursula von der Leyen announces that she will propose to activate the escape clause for defence investments, and "a wider package of tailor-made tools" to address the needs of the Member States

Weimar + statement on #Ukraine

EU Commission proposes a targeted amendment to the Central Securities Depositary Regulation (CSDR) to shorten the settlement cycle in the EU from T+2 to T+1 as of 11 October 2027 and align with other jurisdictions, Commissioner Albuquerque announced today 📄 finance.ec.europa.eu/publications...

🇨🇦🇪🇺Canadian PM JustinTrudeau is in BXL today, Pt Ursula von der Leyen and Pt Antonio Costa gave a political signal of unity. Partners will discuss, i.a., G7 presidency, support to Ukraine, decarbonisation and competitiveness and, of course, TRADE led “in a reliable and trustworthy way”

#EUbudget l With today's communication, the European Commission launches the process of reflexions on the next EU Multiannual Financial Framework (MFF), which frames the EU Budget on a longer term (the current #MFF covers the 2021-2027 period) 📄 commission.europa.eu/document/dow...

LIVE now - #EPlenary debate on the @ecb with ECB President Christine @Lagarde Watch here: www.europarl.europa.eu/plenary/en/h...

President @christinelagarde.bsky.social is in @europarl.europa.eu in Strasbourg today to meet the MEPs, in the context of the 2024 annual report on #ECB (report by MEP Anouk van Brug) an have a debate on the state of the EU economy and on #ECB activities multimedia.europarl.europa.eu/en/event/deb...

Confirmation of the EU-UK Summit in UK on 19 May

How did euro area bank interest rates evolve in December? And how do they compare with November’s figures? Find out more: www.ecb.europa.eu/press/stats/...