By Xavier D’Arcy – FRANKFURT (Econostream) – Current Eurozone labour market developments do not constitute a wage-price spiral, though they might slow down the return of inflation to the European Central Bank’s 2% target, ECB Executive Board member Philip Lane said on Friday.
23 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is set to miss its inflation target as things stand, ECB Governing Council member Joachim Nagel said on Thursday.
22 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank should be wary not to give up too early in the fight against currently high inflation, even if a side effect of monetary policy tightening is some economic pain, ECB Governing Council member Joachim Nagel said on Wednesday.
21 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank should pay heed to the risk of a wage-price spiral in the context of record labour market tightness, ECB Executive Board member Isabel Schnabel said on Wednesday.
21 June 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 15 June, but earlier comments can still be seen in versions up to that of 9 June .
21 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank said on Wednesday that anecdotal evidence of a shift away from the dollar and the euro to alternative reserve currencies was not indicative of a broader trend towards a fragmentation of the global monetary order.
21 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The Central Bank of Ireland said on Wednesday that the strong domestic labour market was a sign that the Irish economy was operating at full capacity, posing a risk of further inflationary pressure due to the economy overheating.
21 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Tuesday said that he would not be at all surprised if after hiking in July, the ECB discussed a further tightening of monetary policy at the September meeting.
20 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – Inflation could reach the European Central Bank’s 2% target by the end of next year, Governing Council member François Villeroy de Galhau said on Tuesday.
20 June 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 15 June, but earlier comments can still be seen in versions up to that of 9 June .
19 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will have to hike rates again in July, but the way forward thereafter is not foreordained, ECB Governing Council member Peter Kažimír said Monday.
19 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – A July rate hike from the European Central Bank would be appropriate, Executive Board member Philip Lane said on Monday.
19 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank should favour doing too much rather than too little in the battle against inflation, ECB Executive Board member Isabel Schnabel said on Monday.
19 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday said that the ECB was close to but not yet at the end of the hiking cycle, which it could reach this year.
19 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau cautioned on Friday against premature conclusions about the outlook for monetary policy in the Eurozone and said that recent market reactions to ECB rate hikes had been somewhat excessive.
16 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – Wage and price growth could trigger further European Central Bank tightening, ECB Governing Council member Boštjan Vasle said on Friday.
16 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank still has ground to cover and may need to continue raising rates beyond July, Governing Council member Joachim Nagel said on Friday.
16 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – Germany’s inflation problem is far from being over, despite a recent fall in headline inflation numbers, European Central Bank Governing Council member Joachim Nagel said on Friday.
16 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will set policy on the basis of data so as to ensure the timely restoration of price stability, ECB Governing Council member Olli Rehn said on Friday.
16 June 2023 Central Bank News