* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, October 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

    Hetzel Design: blending architecture and entertainment – Blooloop

    Hetzel Design: Where Architecture and Entertainment Unite in Perfect Harmony

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

    Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

    ‘Chainsaw Man — The Movie: Reze Arc’ Review: Hit Manga Gets an Ultra-Violent, Surprisingly Emotional Big-Screen Adaptation – Yahoo

    Chainsaw Man – The Movie: Reze Arc Review: A Brutal and Unexpectedly Emotional Big-Screen Adaptation

    Reba McEntire Details Personal Relationship With Late Stepson Brandon Blackstock – KNDU

    Reba McEntire Shares Emotional Tribute to Her Late Stepson Brandon Blackstock

    Sacramento city leaders approve adding 2 entertainment zones in midtown – CBS News

    Sacramento City Leaders Approve Two Thrilling New Entertainment Zones in Midtown

    AMC brings first new Dolby Experience to Gwinnett since 2017 – Wyoming News Now

    AMC Launches First New Dolby Experience in Gwinnett Since 2017

    Hetzel Design: blending architecture and entertainment – Blooloop

    Hetzel Design: Where Architecture and Entertainment Unite in Perfect Harmony

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New technology for grading and packing dates – FreshPlaza

    Revolutionary Technology Transforms Date Grading and Packing Process

    Project underway to upgrade technology on 911 towers in Kanawha County – WCHS

    Kanawha County Launches Major Upgrade to 911 Tower Technology

    Next steps: Technology opens new options for greater mobility – Missouri Independent

    Next Steps: How Technology is Opening Exciting New Doors to Greater Mobility

    Rydberg Technologies Inc. Announces Launch of Rydberg Photonics in Berlin – The Quantum Insider

    Rydberg Technologies Launches Exciting New Photonics Division in Berlin

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    A look into new technology at Columbia University that could help prevent a dangerous pregnancy complication – ABC7 New York

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Office Technology: Dealers’ Managed IT Revenue up Nearly 30% – The Cannata Report –

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Who asks what at the ECB press conference

January 25, 2024
in Business
Who asks what at the ECB press conference
Share on FacebookShare on Twitter

15 November 2023

By Siria Angino and Robert Robitu

When given the chance, what do media ask the ECB about? You might think journalists focus purely on core monetary policy topics, but the reality is more varied, and who is asking plays a role. Here is what we find, and why it matters for the central bank.

The ECB Blog looked at how communication has become a key factor for the transmission of a central bank’s policies in a recent post.[1] Central banks exercise a profound influence on what occurs in the economy through what they say. While banks and financial institutions hang on to their every word as decisions affect financing conditions and the economy, the wider public – which is certainly not less affected by monetary policy decisions – follows the communication of central banks indirectly, if at all.

This is where the news media comes into play. Journalists select and condense information about the activities of central banks for the public. Media coverage thus plays a key role in influencing what the public thinks about monetary policy, and even whether it thinks about it at all.[2]

The ECB regularly offers one occasion during which journalists can address questions directly: the press conference. Eight times a year – immediately after the policy meetings of the Governing Council – the ECB President and the Vice-President are available to answer questions from the media. The Q&A part of the press conference last usually 30 to 45 minutes, during which around 10 journalists get the chance to ask questions. Once they get the floor, the selected journalists are free to ask what they consider appropriate and most interesting.

The press conference is a key communication event: it is closely followed by newspapers, TV and news wires, and it is the basis upon which other media form their own comments and coverage. In this post (and in the ECB Working Paper on which it is based) we take a closer look at who is asking, what kinds of topics they are raising, and we investigate geographic patterns.

Let’s begin with who asks the questions.

Look who’s asking

Chart 1 summarises where questions came from across a ten-year period between May 2012 and July 2022. All in all, President Christine Lagarde and her predecessor Mario Draghi answered a total of 2,166 questions posed by 266 journalists representing 124 media outlets.

The lion’s share of these more than 2,000 questions was posed by international media specialising in economic coverage like the Financial Times, Bloomberg, CNBC, Reuters and The Wall Street Journal. Within the European Union, northern and southern EU outlets asked roughly equal shares of questions (25% and 20%, respectively), while enquiries from eastern EU media accounted for only 1% of the total. While the question of why enquiries come from where they do is an interesting one, here we will focus on the distribution as it actually is.

It is not all about monetary policy

We used structural topic modelling (STM) to group the questions into topics. STM is a well-known technique in text analysis. It is based on the idea that each text – in our case each question – is a mixture of different topics, with each topic being a distribution of words. It is then up to the researcher to assign a name to these clusters of words.

We identified nine recurring topics among the journalists’ questions, not all of which are about monetary policy. The topics that do relate to the core of the ECB’s work include “Conventional monetary policy”, “Purchase programmes”, “Inflation and economic outlook” and “Deflation and Zero Lower Bound (ZLB)”. Another frequent topic revolves around the “Banking System”, related to keywords such as the state of the banking union, European banking supervision, and even more specific issues: for instance, non-performing loans, and even the situation of individual banks.

Some questions concern past and potential future crises threatening the existence of the monetary union, and the reversibility of the euro. They are captured by the topic “Sovereign debt crisis and European Monetary Union (EMU)”, which was unsurprisingly very prominent between 2012 and 2015.

“National affairs” captures questions on the economic, financial, and political affairs of Member States. This topic comprises structural reforms and fiscal policy, as well as issues on which the ECB cannot comment, such as national elections or referenda.

We also found two topics connected to the internal processes of the ECB. The first is “Governance”, which is mainly connected to the Governing Council deliberations, including the unanimity, or lack thereof, in their decisions. Other issues captured by this topic are legal ones, for instance the rulings of the German Federal Constitutional court on various ECB programmes (like in 2013 or in 2020). The second operational topic is “Communications”. This topic includes references to forward guidance, a monetary policy tool used to provide information about their future monetary policy intentions, but also comprises words like “announcement”, “signal” and “minutes”. This, in our view, adds to the evidence of the increasing interest in central bank communications.

The next question is: do journalists from different parts of the euro area and the world ask about the same topics? And do questions from outlets catering for general audiences differ from those for expert audiences?

Paese che vai, usanza che trovi[3]

The topics journalists inquire about differ depending on the geographical sphere of their outlet and on the type of audience they report for.

After having identified the nine topics in the questions, we move onto the differences across media types. We consider five outlet groups: “Northern EU – general audience”, “Northern EU – specialised audience”, “Southern EU – general audience”, “Southern EU – specialised audience”, and “International”. Virtually all outlets in the international group specialise in economics and finance so there is no need to differentiate audiences.

What do we find? First, international media tend to focus on technical topics related to monetary policy more than national outlets. In Chart 2, these are the topics like “Purchase programmes”, “Conventional monetary policy”, and “Deflation and ZLB” – more pertinent for expert audiences than the wider public.

Chart 2

Estimated topic proportions by region and audience

Percentage

Sources: Angino and Robitu (2023).

At the same time, international outlets ask very little about national affairs. The share of their questions that these outlets devote to the topic is 8 percentage points smaller than the equivalent share for national media targeting the wider public, in both the Northern and Southern EU groups. This finding suggests that general audiences are more interested in national affairs than in abstract and technical areas of the ECB’s activities like unconventional monetary policy.

The sovereign debt crisis (yellow in the chart) also features more in the questions of general audience outlets. This topic is especially prominent in Southern EU outlets.

The “Banking System” topic (dark green in the chart) is also very salient in the South. In fact, outlets in that region devote a share of their questions to this topic that is between 8 and 14 percentage points larger than that devoted by outlets elsewhere. This appetite for banking supervision topics squares with evidence from other research on the matter.[4] Why might this be? While this is beyond the scope of our analysis, the banking crises of recent decades and the subsequent reforms in Europe’s south may be an important clue.

Coverage of the “Governance” and “Communications” topics, meanwhile, does not change much across different media spheres.

What about differences between general and specialised audience outlets? They are especially important in the Southern EU group. Specialised outlets in the South tend to be quite similar to international outlets. In the Northern EU group, however, the most sizeable difference is in the “Inflation and economic outlook” topic (light blue). The share of their questions that specialised outlets devote to this topic is 8 percentage points larger than the share devoted to it by general outlets.

So what?

When they have the chance, journalists don’t just ask the ECB about its monetary policy. They often stray into topics well beyond what is usually considered the main role of a central bank. What exactly they focus on depends on their geographical scope and the type of audience they cater to.

Outlets targeting the wider public want to focus on more domestic, political and vivid issues that attract the public’s interest. So the ECB faces a trade-off. By granting questions to these outlets, it can broaden the discussion and speak on topics close to citizens’ hearts. The risk, on the other hand, is being confronted with sensitive issues lying beyond the scope of its mandate.

The views expressed in each blog entry are those of the author(s) and do not necessarily represent the views of the European Central Bank and the Eurosystem.

Check out The ECB Blog and subscribe for future posts.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : European Central Bank – https://www.ecb.europa.eu//press/blog/date/2023/html/ecb.blog231115~4250d6401a.en.html

Tags: businessConferencepress
Previous Post

Bell and Québecor spar over MVNO access service agreements

Next Post

Six Bankers Depart Bank of Montreal After Misconduct Probe Into Bullying

New technology for grading and packing dates – FreshPlaza

Revolutionary Technology Transforms Date Grading and Packing Process

October 24, 2025
Your weekend plans: Satire, scares and sports – Axios

Get Ready for the Weekend: Satire, Spooks, and Sports Galore!

October 24, 2025
Dodgers’ Alex Vesia’s World Series availability unclear while dealing with ‘deeply personal family matter’ – CBS Sports

Dodgers’ Alex Vesia Faces Uncertainty Over World Series Availability Amid Personal Family Matter

October 24, 2025
Fewer pastors say economy is negatively impacting their churches in 2025: Lifeway Research – Christian Post

Growing Number of Pastors See Positive Economic Impact on Their Churches in 2025

October 24, 2025
Johnny Depp Set To Finally Make His Big Hollywood Comeback After Amber Heard Controversy – Yahoo

Johnny Depp Set for a Triumphant Hollywood Comeback Following Amber Heard Controversy

October 24, 2025
Duke professor Kyle Walsh to lead environmental institute of NIH after atypical selection process – The Duke Chronicle

Duke Professor Kyle Walsh Takes the Helm of NIH Environmental Institute After Unconventional Selection Process

October 24, 2025
‘A growing cancer’: The right’s growing acknowledgment of its own antisemitism – CNN

A Growing Cancer: How the Right Is Facing Its Own Antisemitism

October 24, 2025
Ecology researchers work to update Columbia River fish advisories — but face new challenges in climate change – Longview Daily News

Ecology researchers work to update Columbia River fish advisories — but face new challenges in climate change – Longview Daily News

October 24, 2025

Unlock the Secrets to Growing a Giant Pumpkin Using Science

October 24, 2025
Rare dinosaur mummies help scientists recreate their prehistoric lives – ABC News – Breaking News, Latest News and Videos

Rare Dinosaur Mummies Unlock Secrets of Their Prehistoric Lives

October 24, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (883)
  • Economy (905)
  • Entertainment (21,776)
  • General (17,776)
  • Health (9,946)
  • Lifestyle (918)
  • News (22,149)
  • People (905)
  • Politics (915)
  • Science (16,115)
  • Sports (21,405)
  • Technology (15,885)
  • World (888)

Recent News

New technology for grading and packing dates – FreshPlaza

Revolutionary Technology Transforms Date Grading and Packing Process

October 24, 2025
Your weekend plans: Satire, scares and sports – Axios

Get Ready for the Weekend: Satire, Spooks, and Sports Galore!

October 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version