ECB’s Nagel: ‘If There Is More Price Pressure in the Medium-Term, We Must Take Action Against It’
- Nagel: Should not allow risk of expectations de-anchoring to materialise
7 May 2024
News
ECB‘s Nagel: Need Capital Markets Union for Green Economy Transition
By Aurėja Bobelytė – VILNIUS (Econostream) – The Capital Markets Union is urgently needed to ensure the transition to a green economy, European Central Bank Governing Council member Joachim Nagel said Tuesday.
7 May 2024
ECB’s de Cos: Should Cut Rates in June if Inflation Outlook Confirmed
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Tuesday said that if the inflation trend continued to point downwards, then the ECB would cut interest rates in June.
7 May 2024
ECB’s Nagel: Central Banking to Change in Increasingly Digital World
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that central banking would need to adapt to the demands of a society and economy as these become more and more digital.
6 May 2024
ECB’s Panetta: Need to Ensure Interoperability of CBDCs to Improve Payments
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Monday said that many central banks were considering central bank digital currencies (CBDCs) and that it was necessary to ensure the interoperability of CBDCs to guarantee an adequate payments process.
6 May 2024
ECB’s Villeroy: CBDC a Stability Anchor; Commercial Banks Must Not Fear
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that commercial banks must not be afraid of central bank digital currency (CBDC), as its primarily role was to contribute to financial system stability.
6 May 2024
ECB’s Vujčić: Monetary Policy to Be Loosened, But Stay Tight Enough to Ensure Return to 2%
By David Barwick – VILNIUS (Econostream) – The European Central Bank will likely loosen monetary policy, but will also keep it sufficiently restrictive so as to ensure the restoration of price stability, European Central Bank Governing Council member Boris Vujčić said Monday.
6 May 2024
ECB’s Šimkus: Data Have Been as I Expected; Can Afford to Start Cutting Interest Rates
By David Barwick – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday said that current thinking regarding monetary policy was the same as two weeks ago and that interest rate cuts could start.
6 May 2024
ECB’s Lane: Increased Confidence About Reaching the Inflation Target
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that his confidence about achieving price stability in a timely manner had improved after looking at new data and estimates.
6 May 2024
Exclusive: Transcript: Interview with Belgian Debt Agency Head Maric Post
By Aurėja Bobelytė – VILNIUS (Econostream) – Following is the full transcript of the interview conducted by Econostream on 25 April 2024 with Maric Post, Director Treasury and Capital Markets at the Belgian Debt Agency:
3 May 2024
Exclusive: Belgian Debt Head: Completed All Syndications for 2024; Almost 60% of Long-Term Issuance Done
By Aurėja Bobelytė – VILNIUS (Econostream) – Belgium has finished its syndications for 2024, with nearly 60% of its long-term issuance already done, according to Maric Post, Director Treasury and Capital Markets at the Belgian Debt Agency (BDA).
3 May 2024
ECB’s Villeroy: Financing Green Investment Directly Would Risk Price Stability
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the direct financing of green investments by the ECB could have a negative impact on price stability.
3 May 2024
Exclusive: Transcript: Interview with UK DMO CEO Sir Robert Stheeman
By Aurėja Bobelytė – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 29 April 2024 with Sir Robert Stheeman, Chief Executive Officer of the UK Debt Management Office:
2 May 2024
Exclusive: UK DMO’s Stheeman: Maintaining Liquidity and Stability of the Gilt Market Key Challenge for DMO
By Aurėja Bobelytė – VILNIUS (Econostream) – Maintaining the liquidity and stability of the gilt market poses a significant challenge for the Debt Management Office (DMO) of the United Kingdom, according to Sir Robert Stheeman, Chief Executive Officer of the DMO.
2 May 2024
ECB’s Lane: Best Not Pre-Committing to Rate Path in Uncertain Environment
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane late Thursday said that keeping a data-dependent and a meeting-by-meeting approach was the best way to deal with unexpected events when calibrating the monetary policy stance.
2 May 2024
ECB’s Stournaras: Three Interest Rate Cuts in 2024 Most Likely Scenario
By Aurėja Bobelytė – VILNIUS (Econostream) – Three interest rate cuts are more likely than four this year, European Central Bank Governing Council member Yannis Stournaras said Thursday.
2 May 2024
ECB’s de Cos: Impact of Monetary Policy Still a Downside Growth Risk; Disinflation ‘Fairly Advanced’
By David Barwick – LONDON (Econostream) – The ongoing transmission of European Central Bank monetary policy could result in weaker-than-expected economic growth, according to Governing Council member Pablo Hernández de Cos on Wednesday.
1 May 2024
ECB‘s Holzmann: Interest Rates Should Not Be Cut in July
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank should refrain from cutting key interest rates back-to-back in June and July, ECB Governing Council member Robert Holzmann said Tuesday.
30 April 2024
Exclusive: Transcript of Interview with ECB Governing Council member Wunsch on 20 April 2024
By David Barwick – WASHINGTON (Econostream) - Following is the full transcript of the interview conducted by Econostream on 20 April with Pierre Wunsch, Governor of the National Bank of Belgium and member of the Governing Council of the European Central Bank:
29 April 2024
Exclusive: ECB’s Wunsch: A Second Cut in July Would Lead to Repricing That Might Go Too Far
By David Barwick – WASHINGTON (Econostream) – Were the European Central Bank to cut interest rates in both June and July, financial markets would tend to anticipate a relatively fast pace of further monetary policy easing, potentially leading to another bout of unjustified exuberance, according to ECB Governing Council member Pierre Wunsch.
29 April 2024