By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank has covered most of the ground it needs to in the fight against inflation, Governing Council member François Villeroy de Galhau said on Saturday.
15 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said on Friday that historically high wage growth in the Eurozone would support core inflation in the coming years.
14 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank’s fight against inflation is not even mostly done yet and more rate increases are required, ECB Governing Council member Joachim Nagel said on Friday.
14 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Thursday that market expectations of a further 75bp of ECB tightening were reasonable, and laid out the conditions which might lead to the ECB hiking by 50bp in May.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco called on Thursday for euro area monetary policymakers to be cautious about the speed and size of the ECB’s next rate decisions.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The choice between hiking by 25bp or 50bp in May will be a close call for the European Central Bank, Governing Council member Boris Vujčić said on Friday.
14 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank needs to keep raising rates, given persistent underlying inflation in the Eurozone, and could hike in May by either 25bp or 50bp, Governing Council member Boštjan Vasle said on Thursday.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Governing Council member Joachim Nagel said on Thursday that persistent inflation required a stubborn response from the European Central Bank.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank faces a choice of hiking by either 25bp or 50bp at its next monetary policy meeting in May, Governing Council member Pierre Wunsch said on Thursday.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The risk of the European Central Bank not doing enough to fight inflation is clearly higher than the risk of going too far, Governing Council Member Mārtiņš Kazāks said on Thursday.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank still has some way to go on rate hikes, ECB Governing Council member Edward Scicluna said on Thursday.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – A 50bp hike remains an option for the European Central Bank in May, depending on market conditions, Governing Council member Robert Holzmann said on Thursday.
13 April 2023
By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that the ECB could have to tighten monetary policy a bit further yet.
12 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The Eurozone faces the risk of entrenched inflation, with price pressures becoming more widespread and potentially more persistent, European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday.
11 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos said on Monday that if the central bank’s baseline projections are confirmed, there will still be ground to cover to stamp out inflation.
10 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank should keep hiking rates and the fight against inflation is not yet over, Governing Council member Boris Vujčić said on Monday.
10 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot said on Sunday that it was almost completely excluded that Eurozone policymakers could decide to cut rates this year.
9 April 2023
By David Barwick – VILNIUS (Econostream) – Following is the full transcript of the interview conducted by Econostream on 05 April 2023 with Gediminas Šimkus, Governor of the Bank of Lithuania and member of the Governing Council of the European Central Bank.
6 April 2023
- Šimkus: Active asset sales ‘could be an option some day in the future’, but not for July
- Šimkus: ‘Let’s deal with the APP and then come back to the PEPP’
- Šimkus: ‘I don’t see a pause in hiking rates in May as a likely scenario’
- Šimkus: Size of rate moves ‘will depend on the data, but we still have some way to go’
- Šimkus: ‘We still need to let the impact of past policy moves kick in’
- Šimkus: ‘Need to maintain the restrictive stance for quite some time’
- Šimkus: ‘Very unlikely that we will see any decrease in interest rates this year’
- Šimkus: OPEC oil production cut a ‘one-off factor’; no need to ‘overreact or exaggerate’
- Šimkus: Core inflation to ‘remain pretty high’ throughout 2023
- Šimkus: Core inflation ‘stickier than many people think’
By Xavier D’Arcy – FRANKFURT (Econostream) – Euro area banks are less sensitive to rate hikes than regional banks in the US and Credit Suisse, European Central Bank Governing Council member Philip Lane said on Thursday.
6 April 2023