By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday said that the ECB Supervisory Board would monitor banks' approach to risk-taking and be ready to act if they failed to observe the guidelines.
26 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – We have tended to believe, with a certain conviction, that the European Central Bank’s Governing Council would stick for the time being to a quarterly pace of easing, so that the next rate cut would be in December rather than October.
26 September 2024 | Central Bank News
By Marta Vilar – VIENNA (Econostream) – Following is the full transcript of the interview conducted by Econostream on September 19 with Markus Stix, Managing Director in charge of markets at the Austrian Treasury.
26 September 2024 | Central Bank News
By Marta Vilar – VIENNA (Econostream) – Demand for ultra-long bonds will recover and Austria will then assess the possibility of tapping the market for this ‘opportunistic’ part of the curve, according to Markus Stix, Managing Director in charge of markets at the Austrian Treasury.
26 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Governing Council member Mário Centeno said on Wednesday that challenges like multilateralism and geopolitical fragmentation called for international cooperation.
25 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that France's fiscal situation was a problem that needed to be addressed.
25 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The support for wage growth from wage drift is weakening, a factor behind the the recent moderation in euro area wage growth indicators, according to a section of the Economic Bulletin prereleased by the European Central Bank on Wednesday.
25 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Tuesday that the ECB would likely cut rates in the first half of 2025 below 3%.
25 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the transitory nature of some of the reasons for Germany's weak growth meant that the economy would slowly recover.
24 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – It remains too soon to express an opinion about what the European Central Bank Governing Council should do at its October monetary policy meeting, Council member Madis Müller said Friday.
24 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that the transmission protection instrument [TPI] was essential to fighting inflation without creating financial tensions.
24 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – José Luis Escrivá took office on Tuesday at the helm of the Bank of Spain, urging that independence and impartiality be strengthened at the institution he now heads.
24 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Tuesday that despite inflation being almost at the 2% target, it was not quite defeated yet.
24 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone on Monday preached the virtues for Europe of a digital euro.
23 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Monday that the ECB would face a risk of inflation resurging if it were to cut interest rates too quickly.
23 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Monday said that it was important to improve initiatives to integrate climate-related risk drivers into credit risk management.
23 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – Some of the challenges facing the euro area’s external competitiveness, which have resulted in a gradual decline in its market share in global trade, might persist, according to a section of the Economic Bulletin prereleased by the European Central Bank on Monday.
23 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The historical difference in productivity growth between the euro area and the United States can be attributed to both cyclical and structural components, according to a section of the Economic Bulletin pre-released Monday by the European Central Bank.
23 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde admitted on Friday that the ECB had made a mistake by considering inflation to be transitory after the 2022 energy shock.
20 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that monetary policy frameworks needed be able to adapt to new economic challenges and uncertainty.
20 September 2024 | Central Bank News