By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s Governing Council is likely to renew at its December monetary policy meeting the discussion of how to reduce the size of the ECB’s balance sheet further, in the view of a Eurosystem insider who spoke to Econostream recently.
30 November 2023
By Isabel Teles – FRANKFURT (Econostream) – New euro banknotes could have ‘European culture’ or ‘rivers and birds’ as a theme, according to a press release published Wednesday by the European Central Bank.
30 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Wednesday predicted a first rate cut at the mid-2024 mark, conditional on inflation cooperating.
29 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the ECB’s monetary tightening should be reflected in the interest rates paid on retail deposits so as to help dampen demand.
29 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that a robust reporting framework would contribute to central banks’ risk-management process.
28 November 2023
By Isabel Teles – FRANKFURT (Econostream) – The extent to which AI-enabled technology has impacted wages and employment in Europe to date is not clear yet, according to a research bulletin published Tuesday by the European Central Bank.
28 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Tuesday reaffirmed that any discussion of ECB monetary policy easing in the near term was misplaced.
28 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Constantinos Herodotou on Tuesday said that preliminary indications of moderating wage growth could play a fundamental role in reducing euro area price pressures.
28 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that new interest rate increases were not ruled out if inflation did not decrease as expected.
28 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the ECB expected the disinflationary process to continue but that there was still substantial uncertainty regarding the medium-term outlook.
27 November 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s next interest rate move is likelier to be a cut than a hike, but it is unreasonable to expect the easing to come soon, in the view of a Eurosystem insider who spoke to Econostream recently.
27 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the ECB would reassess its bond purchase programmes soon.
27 November 2023
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 26 October, but earlier comments can still be seen in versions up to that of 25 October .
24 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that the ECB had put a lot of effort into fighting inflation but warned that it was too soon to consider victory over it.
24 November 2023
By Isabel Teles – PORTO, Portugal (Econostream) – European Central Bank Executive Board member Isabel Schnabel late Thursday said that current ECB monetary policy tightness was necessary until there was certainty that inflation would return to 2%.
24 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that interest rate cuts would come but that rates would first have to stay high for a while.
23 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Thursday said that it remained uncertain whether the ECB would have to tighten monetary policy further.
23 November 2023
By David Barwick – FRANKFURT (Econostream) – Germany’s financial system has handled higher borrowing costs well, but a riskier and more uncertain environment underscores the need for a resilient financial sector, the German Bundesbank said on Thursday in releasing its 2023 financial stability review.
23 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that there were lagged effects of monetary policy that had not yet materialised.
23 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that the digital euro would not be a disruptive force in payments.
23 November 2023