Central Bank


ECB Insight: Lagarde Delivers Optionality and Flexibility; ECB More Open-Minded

ECB Insight: Lagarde Delivers Optionality and Flexibility; ECB More Open-Minded

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday managed to deliver a set of decisions that preserved a high degree of optionality and flexibility and showed growing open-mindedness at the ECB about what would follow currently elevated uncertainty.

16 December 2021
ECB Insight: Communications Blitz by Policymakers Could Belie Timid Meeting Outcome

ECB Insight: Communications Blitz by Policymakers Could Belie Timid Meeting Outcome

By David Barwick – FRANKFURT (Econostream) – Seven weeks ago, we noted in this space that the Governing Council meeting of the European Central Bank that was then two days off had been preceded by an unusually thin trickle of communication, at least from the Executive Board. Now, the opposite is more the case, with seemingly every member of the Council having weighed in, in many cases more than once, about coming decisions or the possibility of deferring these.

14 December 2021
ECB’s Kazāks: Omicron No Reason Yet to Defer PEPP’s End Beyond Next March

ECB’s Kazāks: Omicron No Reason Yet to Defer PEPP’s End Beyond Next March

By David Barwick – FRANKFURT (Econostream) – The emergence of the Omicron variant of the coronavirus is not yet a reason to defer beyond next March the end of the European Central Bank’s pandemic emergency purchase programme (PEPP), according to ECB Governing Council member Mārtiņš Kazāks on Wednesday.

8 December 2021