From Central Bank to Central Planning?

But the ECB holds firm against cutting indeed, after the Governing Council s December meeting, ECB President Jean Claude Trichet said that some members were in favor of raising rates.

The World s Central Banker

Whose Central Bank?

European Central Bank (ECB)

The ECB and Its Critics

The ECB Grows Up

The Naked ECB

The ECB s Faulty Weapon

Europe s Central Bank at Sea

The ECB s Lethal Inhibition

The ECB s Leap into the Unknown

Behind the ECB s Wall of Money

The European Central Bank also lost its credibility.

Out of Step at the ECB

The ECB Picks Up The Pace

The ECB s Honeymoon is Over

The ECB s Secret Bailout Strategy

The ECB s Tone Deaf President

Germany s Case Against the ECB

Occupy Frankfurt in front of ECB.

The Central Bank serves as Azerbaijan's central bank, empowered to issue the national currency, the Azerbaijani manat, and to supervise all commercial banks.

Helping the ECB Cross the Rubicon

Ecb Is Now Europe s Anchor

Central Bank (Information and Financial Analysis Unit)

Central Bank (Information and Financial Analysis Unit)

At its most recent policy meeting, the ECB left its policy rate unchanged, citing inflation half a percentage point above the official 2 target.

By the end of 2010, ECB loans, which originated primarily from Germany s Bundesbank, amounted to 340 billion. This figure includes ECB credit that financed capital flight from Ireland totaling 130 billion over the past three years.

As the eurozone s central bank, rather than a lending institution, it does not have a clear role in negotiations on behalf of creditors.

The Swiss central bank recently adopted this position, and the ECB is worrying about higher inflation, not deflation, in the eurozone.

Is the ECB Doing Enough?

The ECB s New Macroeconomic Realism

John Stewart Mill vs. the European Central Bank

That points towards reliance on the ECB.

The ECB s credibility is on the line.

The Bundesbank has become aware of the danger.

The voting structure in the ECB is flawed.

Most recently, German Chancellor Angela Merkel has backed ECB President Mario Draghi, leaving Bundesbank President Jens Weidmann isolated.

The tone of ECB President Jean Claude Trichet s comments in the Q A section of the press conference following the October meeting was unusually hawkish.

Nor will ECB President Jean Claude Trichet be intimidated by French pressure to pursue a softer monetary policy.

Though the ECB has absolutely nothing in common with the old Deutsche Bundesbank, the German public has not recognized this.

Together, the ECB and the EFSF could do what the ECB cannot do on its own.

Only the ECB can provide this insurance.

Indeed, most banks were under the sway of the central bank.

But the central bank is being asked to do all the heavy lifting.