By David Barwick – FRANKFURT (EconoStream) – Were financial market tensions to dissipate sufficiently, the European Central Bank would not need to deploy the full scope of its pandemic emergency purchase programme (PEPP), ECB Executive Board member Yves Mersch said Thursday.
25 June 2020
By David Barwick – FRANKFURT (EconoStream) – The economy is going to require considerable policy support for quite a while, European Central Bank Governing Council member Klaas Knot said Thursday.
25 June 2020
By David Barwick – FRANKFURT (EconoStream) – It is essential that the financial dimension of the current economic crisis be kept limited, European Central Bank Governing Council member Pablo Hernandez de Cos said on Wednesday.
24 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s decisions of the past several months would give substantial boosts over the medium term to growth and inflation, ECB Executive Board member Philip Lane said Tuesday.
24 June 2020
23rd June 2020 The ECB Weekly Financial Statement released today shows that the ECB received redemptions for the PEPP programme for the 3rd week running. The amounts are still low (just €0.6bn). The PSPP had larger redemptions at €6.3bn, meaning that...
23 June 2020
By David Barwick – FRANKFURT (EconoStream) – The economic recovery is subject to extreme uncertainty and substantial downside risks, European Central Bank Vice President Luis de Guindos said Monday.
22 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s decisions are driven by its price stability mandate and it currently has to counter deflationary tendencies, ECB Vice President Luis de Guindos said Monday.
22 June 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Governing Council member Jens Weidmann said on Monday that he agreed with ECB President Christine Lagarde that there are no limits to monetary authorities’ commitment to the euro.
22 June 2020
By David Barwick – FRANKFURT (EconoStream) – The economy has bottomed out and is in the process of gradually recovering, European Central Bank Governing Council member Jens Weidmann said on Sunday.
21 June 2020
By David Barwick – FRANKFURT (EconoStream) – Central bank actions are likely to prevent the economic crisis from morphing into a financial crisis, European Central Bank Governing Council member Olli Rehn said on Tuesday.
16 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank did not have a sufficiently clear picture ahead to deploy more of its firepower than it did at the June 4 meeting of the Governing Council, ECB Executive Board member Fabio Panetta said on Tuesday.
16 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is in principle always willing to make further adjustments to its pandemic emergency purchase programme (PEPP), ECB Vice President Luis de Guindos said Sunday.
14 June 2020
By David Barwick – FRANKFURT (EconoStream) – The measures taken by the European Central Bank in response to the pandemic’s economic fallout have averted tail risks in financial markets, ECB President Christine Lagarde said Saturday.
13 June 2020
By David Barwick – FRANKFURT (EconoStream) – The likelihood of deflation occurring in the euro area has risen, seen from a model-based perspective, European Central Bank Governing Council member Pablo Hernandez de Cos said on Friday.
12 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s mandate to ensure price stability compelled its decision last week to adjust the parameters of the pandemic emergency purchase programme (PEPP), ECB Executive Board member Fabio Panetta said Friday.
12 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is prepared to adjust its key policy rate or any other of its instruments if circumstances warrant, ECB Executive Board member Philip Lane said Thursday.
11 June 2020
By David Barwick – FRANKFURT (EconoStream) – The risk of a downward price spiral can’t be ruled out, European Central Bank Governing Council member Ignazio Visco said on Wednesday.
10 June 2020
By David Barwick – FRANKFURT (EconoStream) – The risks to medium-term financial stability have clearly grown and relate chiefly to bank profitability and public debt in the context of weak growth, European Central Bank Vice President Luis de Guindos said Wednesday.
10 June 2020
10th June 2020 By David Barwick – FRANKFURT (EconoStream) – The European Central Bank sees well over €1 trillion in demand for its targeted lending operations, ECB Executive Board member Isabel Schnabel said Wednesday. In remarks made at an online seminar...
10 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank considers a further cut in interest rates to be an option for the future, even if asset purchases are its tool of choice for now, ECB Executive Board member Isabel Schnabel said Tuesday.
9 June 2020