‹ Central banks and the economy

A focused newsletter on the European Central Bank, for people who want each rate decision explained

When something happens

After each European Central Bank meeting, eight times a year: what the rate decision changed, what the president said at the press conference, and what it means for borrowing costs and savings in the euro area. Nothing between meetings. For someone who wants each decision explained without reading the statement.

Not day-to-day market trading commentary unrelated to a decision, not unrelated national politics beyond how it touches the bank's mandate, not investment advice or stock tips, not speculation about a decision before it is made.

Where the news comes from: European Central Bank: press releases, European Central Bank: speeches, Bruegel, Politico Europe, Eurostat: euro indicators.

Nobody gets this one yet. It starts when you do.