By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that though the ECB remained far from its price stabililty target, it was on the right path.
2 November 2023 Central Bank News
By Isabel Teles – AMSTERDAM (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that to avoid stifling the economy, interest rates should not be excessively high.
2 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that inflation was expected to decrease as a consequence of the current level of interest rates.
31 October 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that the ECB’s decision last week not to continue hiking interest rates was justified by economic developments.
31 October 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB’s tight monetary policy was effective and that interest rates had to be kept high for long enough.
31 October 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco on Tuesday said the ECB’s decision last week to keep interest rates unchanged was adequate.
31 October 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said that economic developments had lagged considerably behind expectations of the ECB at the September Council meeting.
31 October 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Tuesday said that price stability took precedence over the profits or losses associated with assets on the Eurosystem’s balance sheet.
31 October 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Tuesday said that cross-border payments needed to be improved.
31 October 2023 Central Bank News
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 .
30 October 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Monday said that that governments should further reduce support measures related to the energy crisis to avoid adding to price pressures.
30 October 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday became the latest Council member to suggest that the ECB’s decision not to hike interest rates last week was likely to be repeated at the December monetary policy meeting.
30 October 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that those claiming the ECB was done hiking rates should not get ahead of themselves, as further tightening remained possible.
30 October 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Friday rejected speculation as to when the ECB might start loosening monetary policy.
27 October 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that inflation was clearly headed downward, but that wages and geopolitical developments remained key risks that could hinder the slowdown of prices.
27 October 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that upside inflation risks were still significant.
27 October 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that the ECB’s tight monetary policy was having a positive effect on inflation.
27 October 2023 Central Bank News
By Isabel Teles – ATHENS (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the time had not come to start considering rate cuts.
26 October 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – One might wonder what the European Central Bank Governing Council discussed at its latest monetary policy meeting, given the absence of any real decision and the evident reluctance of authorities to broach new topics for which this might have been a sensible occasion.
26 October 2023 Central Bank News
By Isabel Teles – ATHENS (Econostream) – The European Central Bank’s Governing Council on Thursday decided to keep its three key interest rates unchanged, as widely expected.
26 October 2023 Central Bank News