By David Barwick – PARIS (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that high core inflation required that monetary policy be normalised.
2 June 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. Updates are made on a periodic basis.
31 May 2022 | Central Bank News
- ECB insider: ‘This is a war that is already lost’
30 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane in an interview published Monday confirmed the key messages of President Christine Lagarde’s blog a week ago today, presumably putting to rest the scepticism of at least one Governing Council member as to whether the ECB would really deliver the end of net asset purchases in the coming weeks and – probably - a deposit rate of zero percent by the end of the summer.
30 May 2022 | Central Bank News
- ECB insider: We stand ready to react flexibly to fragmentation; ‘forget about specific tools’
27 May 2022 | Central Bank News
- ECB insider: Must see other jurisdictions’ QT experience, so ECB hawks not yet pushing the issue
26 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank should end net asset purchases and then gradually get official borrowing costs out of negative territory, ECB Executive Board member Fabio Panetta said Wednesday.
25 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the main threat to euro area financial stability stemmed from the macroeconomic ramifications of Russian military aggression
25 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank should hike its deposit facility rate by 25 basis points in July and then by another 25 bps in the autumn, Governing Council member Olli Rehn said on Wednesday.
25 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. Updates are made on a periodic basis.
23 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday confirmed that the Governing Council would hike rates in July and strongly suggested that a second rate hike would take place in September.
23 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – German consumer price growth should average around 7% this year, but supply constraints could worsen considerably yet as China grapples with the pandemic, the German Bundesbank said on Monday in its latest monthly report.
23 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Theory prescribes no precise corridor width between the key interest rates of the European Central Bank, in the view of an ECB insider who felt that a desire to calibrate that spread was less likely to drive the magnitude of any rate moves in the earlier phase of policy normalisation.
20 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank interest rates can move out of negative territory, but the process must be gradual and it is not obvious how far it can go, ECB Governing Council member Ignazio Visco said on Friday.
20 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Net asset purchases by the European Central Bank may end in June and a first rate hike could follow in July, ECB Governing Council member Joachim Nagel said on Friday.
20 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday said that the normalisation of monetary policy had to proceed ‘gradually and cautiously’.
19 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank should fairly rapidly get its interest rates out of negative territory, Governing Council member Olli Rehn said on Wednesday.
18 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – It was only ever a matter of time before someone from the European Central Bank’s Governing Council publicly floated the potential need for the ECB to consider an outsized interest rate step. That Klaas Knot took it upon himself to do so is no shocker.
17 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – In the context of the ongoing communications blitz being waged by members of the European Central Bank’s Governing Council, the convergence of views is hard to overlook and important not to underestimate.
17 May 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. Updates are made on a periodic basis.
16 May 2022 | Central Bank News