beSpacificEverything everywhere all at once: responding to #multiple #GlobalShocks Speech by Fabio Panetta, Member of the Executive Board of the #ECB, at a panel on “Global shocks, policy #spillovers and geo-strategic risks: how to coordinate policies” at The ECB and its Watchers XXIII Conference https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230322_2~af38beedf3.en.html #FinancialStability #GlobalFinancialSystem #SystemicRisk #spilloveres #GobalShocks #BankLoans #MonetaryPolicy
Everything everywhere all at once: responding to multiple global shocks
The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.