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Published on Tuesday, February 26, 2019 | Updated on Tuesday, February 26, 2019

Big Data techniques used

Upcoming changes in the ECB executive board that could change monetary policy future

In 2019, the ECB faces a broad reshuffle of its key positions that could change monetary policy future. The first change in executive board has been the substitution of Peter Praet by Philip Lane as chief economist. Using NLP techniques we monitored the ECB members’ speeches to disentangle the contents, as well as the tone, which is related to hawkish/dovish stances.

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Report (PDF)

EW_Upcoming-changes-in-the-ECB-executive-board-ES Spanish February 26, 2019
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Report (PDF)

EW_Upcoming-changes-in-the-ECB-executive-board English February 26, 2019
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Authors

Fernando Bolívar
María MartínezBBVA Research - Principal Economist
Tomasa RodrigoBBVA Research - Lead Economist

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Europe

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