By David Barwick – FRANKFURT (Econostream) – It needs to be evident to everyone that the European Central Bank is not subordinating monetary policy to fiscal policy, ECB Governing Council member and German Bundesbank President Jens Weidmann said Thursday.
27 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on May 19 with Davide Iacovoni, director general of the directorate of the Italian Treasury that is responsible for Italy’s public debt management:
27 May 2021 Central Bank News
By David Barwick – Frankfurt (Econostream) – A withdrawal of the European Central Bank’s monetary policy support would not be a problem for Italy’s sovereign borrowing once economic growth returns and potential growth is boosted, according to Davide Iacovoni, director general of the directorate of the Italian Treasury responsible for public debt.
27 May 2021 Central Bank News
- ‘Would Definitely Say That There Is a Chance for Another BTP Futura Later in the Year’
27 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Fabio Panetta on Wednesday said that yields had recently increased undesirably and that financing conditions were tightening.
26 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – There is no evidence calling for a change in the European Central Bank’s asset purchases under its pandemic emergency purchase programme (PEPP), ECB Governing Council member Yannis Stournaras said Tuesday.
25 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – German business confidence rose clearly in May as both expectations and assessments of the current situation improved, economic research institute Ifo said on Tuesday.
25 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – German economic output fell a real, seasonally and calendar-adjusted 1.8% on the quarter in the first quarter of 2021, the German Federal Statistical Office announced on Tuesday.
25 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday rejected as ‘pure speculation’ any talk of slowing the pace of asset purchases under the ECB’s pandemic emergency purchase programme (PEPP).
25 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday called it still far too soon to discuss the possibility of tapering the ECB’s asset purchases.
21 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The June policy meeting of the European Central Bank’s Governing Council appears somewhat less likely to become an inflection point with respect to the degree of monetary accommodation, based on comments Friday by ECB President Christine Lagarde.
21 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Inflation in Germany could temporarily hit 4% toward the end of the year, the German Bundesbank said on Friday in its latest monthly bulletin, an increase from recent previous monthly bulletins in which it had only predicted German HICP rates ‘clearly’ above 3%.
21 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Producer prices in Germany rose by 5.2% on the year in April, the highest annual rate of increase since the same rate in August 2011, the German Federal Statistical Office announced on Thursday.
20 May 2021 Central Bank News
By David Barwick – Frankfurt (Econostream) – German Finance Minister Olaf Scholz on Thursday said that individual creditor groups cannot be allowed to prevent necessary restructuring of sovereign debt burdens.
20 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank sees no reason at present for its interest rates to increase, Executive Board member Isabel Schnabel said on Wednesday.
20 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The uneven economic impact of the pandemic has exacerbated financial stability risks in the euro area, the European Central Bank said on Wednesday.
19 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The risks to the economic recovery are to the downside and a premature withdrawal of policy support measures should be avoided, European Central Bank Governing Council member Constantinos Herodotou said on Wednesday.
19 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will continue to set the pace of asset purchases under the pandemic emergency purchase programme (PEPP) – potentially implying an extension of the programme - so as to keep financing conditions favourable, ECB Governing Council member Pablo Hernández de Cos said Wednesday.
19 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Seasonally adjusted Eurozone GDP declined by 0.6% on the quarter and 1.8% on the year in 1Q of 2021, EU stats office Eurostat reported on Tuesday.
18 May 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The pandemic and in particular policy measures to mitigate its economic fallout may have led to an increase in the prevalence of so-called zombie firms in the euro area, according to an article from the ECB financial stability review published Tuesday.
18 May 2021 Central Bank News