They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
4 February 2022
Central Bank News
ECB’s Kažimír: Expect Inflation to Stay High for Longer Than We Expected
By David Barwick – FRANKFURT (Econostream) – Inflation will probably remain high for longer than had been anticipated, and risks are to the upside, European Central Bank Governing Council member Peter Kažimír said Friday.
4 February 2022
ECB’s Müller: Time to Clearly Reduce ECB’s Support for Economy
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that it was apparent that the moment had come to reduce ECB policy support for the economy.
4 February 2022
EXCLUSIVE: Germany Finance Agency’s Diemer: Will Eventually Cease Issuing 15-Years Entirely
- Will eventually cease issuing 15-years entirely, depending on funding volumes
- Expect roughly same or slightly more green expenditures to issue green bonds in 2022
- Ultra-long maturities more and more attractive, but not yet at necessary threshold
TRANSCRIPT: Interview with German Finance Agency’s Tammo Diemer on 24 January 2022
Following is the full transcript of the interview conducted by Econostream on January 24 with Tammo Diemer, member of the Executive Board of Germany’s Finance Agency:
4 February 2022
ECB’s Vasle: Increasing Risks That Inflation Will Stay High Longer
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday warned of a growing threat that inflation would stay elevated for longer than had been anticipated.
4 February 2022
ECB’s Rehn: Barring new Pandemic or Geopolitics Shocks, Logical for Rates to Rise 2023 at Latest
By David Barwick – FRANKFURT (Econostream) – As long as the pandemic and the geopolitical situation do not engender any negative shocks, the European Central Bank could be expected to start hiking interest rates in 2023 at the latest, ECB Governing Council member Olli Rehn said on Friday.
4 February 2022
ECB’s Villeroy: Optionality Key; No Predetermined Schedule of Policy Moves
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the ECB would act gradually and consistent with circumstances rather than in keeping with any foreordained timetable.
4 February 2022
ECB Insight: Lagarde Sees a Changed Situation; Policy Move in March Not Excluded
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde’s performance at the press conference on Thursday suggested that she is finally taking her Governing Council colleagues’ inflation fears with the commensurate degree of seriousness and that she regards the situation as having changed in a way that could conceivably lead to a policy move as soon as March.
3 February 2022
Banco de España’s Deputy Governor: Inflation Could Alter 2022 Macro-Financial Scenario
By David Barwick – FRANKFURT (Econostream) – High inflation could change the macro-financial outlook, Banco de España Deputy Governor Margarita Delgado said Thursday.
3 February 2022
BBK Board Member Mauderer: German Labour Market Situation Positive, Order Books Full
By David Barwick – FRANKFURT (Econostream) – There is reason to believe that the German economy is on the verge of picking back up again, Bundesbank board member Sabine Mauderer said Wednesday.
2 February 2022
ECB Insight: Lagarde Likely to Be Less Categorical About Timing of Lift-Off
By David Barwick – FRANKFURT (Econostream) – Judging by the effort European Central Bank Governing Council members have put into hammering home their views since their last gathering, one might think that the meeting this week stood to yield a particularly significant outcome following a heated debate. While the discussion will probably be spirited, expectations of major results are likely to be dashed.
1 February 2022
ECB’s Holzmann: If No Second-Round Effects, Inflation Should Return to 2% Towards End-2022
By David Barwick – FRANKFURT (Econostream) – Whether European inflation subsides soon depends on whether currently high rates of price growth trigger second-round effects, European Central Bank Governing Council member Robert Holzmann said late Sunday.
31 January 2022
They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
26 January 2022
Central Bank of Ireland: See Weaker-Than-Expected 1Q But Overall Continued Strong Recovery
By David Barwick – FRANKFURT (Econostream) – A short-term weakening of the Irish economy will not prevent generally strong growth over the medium term, according to the Central Bank of Ireland on Wednesday.
26 January 2022
ECB’s Lane: Least Likely Scenario Is Where Inflation Persists Well Above 2%
By David Barwick – FRANKFURT (Econostream) – That euro area inflation would stubbornly remain at levels well above 2% is the least likely scenario of the three most likely hypothetical scenarios, European Central Bank Executive Board member Philip Lane said Tuesday.
25 January 2022
ECB’s Holzmann: Don’t Expect ECB Rate Moves as Large as the Fed’s; Very Worried About China
By David Barwick – FRANKFURT (Econostream) – When the European Central Bank starts hiking interest rates, it probably won’t do so as boldly as the US Federal Reserve, ECB Governing Council member Robert Holzmann said Monday.
25 January 2022
ECB’s Holzmann: Danger of Wage-Price Spiral
By David Barwick – FRANKFURT (Econostream) – There is a danger of a wage-price spiral in Europe, European Central Bank Governing Council member Robert Holzmann said Saturday.
24 January 2022
ECB’s Rehn: Barring More Shocks, Logical for ECB to Start Hiking Next Year
By David Barwick – FRANKFURT (Econostream) – Absent any further shocks to the economy, the European Central Bank could be expected to start hiking interest rates next year, ECB Governing Council member Olli Rehn said on Saturday.
24 January 2022
German Bundesbank Says German Economy Probably Contracted ‘Somewhat’ in 4Q
By David Barwick – FRANKFURT (Econostream) – The German economy probably contracted in the last quarter, though the drop would not have been precipitous, the German Bundesbank indicated on Monday in its latest monthly report.
24 January 2022