a lecture by economist Urike Neyer Moderation: Katja Weber ********** One currency for currently 20 countries! The job of the European Central Bank is to oversee the euro – and if necessary to manage it. Economist Ulrike Neyer describes how this works, especially in crises. Ulrike Neyer: is an economist at the Heinrich Heine University of Düsseldorf. She researches the monetary policy of the Eurosystem and financial stability. Her lecture entitled “The monetary policy of the ECB in a challenging time” University of Düsseldorf: “The monetary policy of the ECB in a challenging time”: gave it on June 4, 2024 in the lecture series “oeconomicum live!” as part of the Citizens’ University. ********** Keywords: +++ ECB +++ Economics +++ European Central Bank +++ Monetary policy +++ University of Düsseldorf +++ Financial stability +++ Eurozone +++ Inflation +++ Corona +++ Climate change +++ Eurosystem +++ Citizens’ University +++ Ulrike Neyer +++ *************************************************************************** ********** You will hear in this lecture hall: 00:00:01 – Info about live lecture hall – Tickets to give away! 00:05:22 – Preliminary remarks on the euro, basic information on the CISS indicator, ECB and Eurosystem 00:14:31 – Financial crisis 2008 00:21:11 – Sovereign debt crisis 2010 00:25:28 – Inflation too low in 2014 00:32:35 – Corona pandemic 2020 00:38:31 – Inflation too high in 2022 00:47:33 – Target balances 01:00:03 – ECB climate policy ********** Sources from the episode: – Lecture series ‘oeconomicum live!’ – “The ECB’s monetary policy in a challenging time”:
– Outright Monetary Transactions (OMT):
– Federal Constitutional Court ruling on the OMT programme:
– How does quantitative easing work?:
– ECB interest rate policy Rocky road out of the inflation crisis:
You can find all sources here: https://www.deutschlandfunknova.de/beitrag/wirtschaft-inflation-corona-klimawandel-wie-reagiert-die-europaeische-zentralbank/quellen. ********** You can find the article about the piece here: https://www.deutschlandfunknova.de/beitrag/wirtschaft-inflation-corona-klimawandel-wie-reagiert-die-europaeische-zentralbank. ********** You can also follow us on these channels: Tiktok: