By David Barwick – FRANKFURT (EconoStream) – Euro area countries must counter the economic fallout from the pandemic with a “strong, symmetric fiscal response,” the only option in the interest of all of them, European Central Bank Executive Board member Fabio Panetta said Tuesday.
21 April 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank will do everything in the scope of its mandate to address the economic fallout from the pandemic, ECB Governing Council member Olli Rehn said on Friday.
18 April 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is not pre-committed to any particular response to a worsening of the current situation, ECB Vice President Luis de Guindos said in a newspaper interview on Saturday.
18 April 2020 Central Bank News
16th April 2020 By David Barwick - FRANKFURT (EconoStream) – The European Central Bank is prepared to buy a larger and different mix of assets if the situation warrants it, ECB President Christine Lagarde said Thursday. In a statement at a gathering...
16 April 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is prepared to modify its stance as warranted to support a return to price stability and to ensure the smooth transmission of its monetary policy, ECB Executive Board member Isabel Schnabel said on Thursday.
16 April 2020 Central Bank News
16th April 2020 By David Barwick – LONDON (EconoStream) – The Bank of England is prepared to take additional measures to counter the fallout from the pandemic, Silvana Tenreyro, External Member of the BOE’s Monetary Policy Committee, said on Thursday...
16 April 2020 Central Bank News
15th April 2020 By David Barwick - PARIS (EconoStream) – Weak euro area inflation in the wake of the pandemic will oblige the European Central Bank to keep official interest rates low and liquidity ample for a long time, Governing Council member François...
15 April 2020 Central Bank News
12th April 2020 By David Barwick - MADRID (EconoStream) – The euro area economy will follow something between a V- and a U-shaped trajectory through the pandemic and into a recovery from the third quarter of this year and above all next year, European...
12 April 2020 Central Bank News
10th April 2020 By David Barwick - FRANKFURT (EconoStream) – The European Central Bank on Tuesday decided on a series of measures to make it easier for banks to finance their lending to the real economy, in the process issuing to Greece a waiver making...
10 April 2020 Central Bank News
9th April 2020 By David Barwick - FRANKFURT (EconoStream) – The European Central Bank has not run out of ammunition and is committed without limit to supporting the common currency, ECB President Christine Lagarde said Thursday. In interviews with French...
9 April 2020 Central Bank News
7th April 2020 By David Barwick - PARIS (EconoStream) – The euro area faces a situation of sustained too-weak inflation in the wake of the coronavirus pandemic, if not a risk of deflation, Governing Council member François Villeroy de Galhau said Wednesday...
7 April 2020 Central Bank News
5th April 2020 By David Barwick - FRANKFURT (EconoStream) – The European Central Bank will do whatever is needed to support the euro area and will ensure that monetary policy is smoothly transmitted in all member state economies, ECB Executive Board...
6 April 2020 Central Bank News
1st April 2020 By David Barwick - PARIS (EconoStream) – The decline of inflation in the wake of the coronavirus pandemic will compel the European Central Bank to keep interest rates at a level that will make it easier for sovereigns in the Eurozone to...
2 April 2020 Central Bank News
21st March 2020 By David Barwick - MADRID (EconoStream) – Bonds issued jointly by European governments are not the most effective source of protection from the economic impact of the coronavirus pandemic, European Central Bank Vice President Luis de...
30 March 2020 Central Bank News
21st March 2020 By David Barwick - FRANKFURT (EconoStream) – The European Central Bank has many instruments available to counter the current crisis and has not yet fully deployed any of them, ECB Executive Board member Isabel Schnabel said over the weekend...
21 March 2020 Central Bank News
21st March 2020 By David Barwick - FRANKFURT (EconoStream) – The economic crisis in the wake of the coronavirus pandemic won’t be allowed by the European Central Bank to become a financial or debt crisis, ECB Vice President Luis de Guindos said in a...
21 March 2020 Central Bank News
20th March 2020 LONDON (EconoStream) - In an emergency meeting on Thursday to respond to the economic fallout from the coronavirus pandemic, the Bank of England’s Monetary Policy Committee decided unanimously to cut the BOE’s key bank rate by 15 basis...
20 March 2020 Central Bank News
18th March 2020 By David Barwick - FRANKFURT (EconoStream) – The current crisis differs from the Great Recession in that it will last a matter of months at most, European Central Bank Vice President Luis de Guindos said in a radio interview Wednesday,...
19 March 2020 Central Bank News
18th March 2020 By David Barwick - FRANKFURT (EconoStream) – The European Central Bank’s Governing Council is unanimous in its resolve not to let anything hamper the transmission of its monetary policy, ECB Executive Board member Isabel Schnabel said...
18 March 2020 Central Bank News
16th March 2020 WASHINGTON (EconoStream) - Sunday night, before the market open, the US Federal Reserve Board and FOMC announced another round of emergency steps including: - Cutting the fed funds target range by 100bps to 0.00%-0.25% - Additional...
16 March 2020 Central Bank News