By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Thursday said that the financial industry would be deeply impacted by the use of quantum computing in the long term.
7 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that interest rates would not be raised again unless shocks demanded it and that rate cuts would be discussed in 2024 at the soonest.
7 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said in the context of Credit Suisse's financial problems this year that there should be flexibility in dealing with information on banking crises.
6 December 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Wednesday derided the idea that the ECB might cut interest rates as early as next quarter.
6 December 2023
By David Barwick – FRANKFURT (Econostream) – Barring a dramatic event, one should not expect rhetorical about-faces from a central banker with well-known views; European Central Bank Executive Board member Isabel Schnabel came about as close to that on Tuesday as it gets.
6 December 2023
By David Barwick – FRANKFURT (Econostream) – There is no currently apparent need for the European Central Bank to ease monetary policy in the first half of next year, making discussion of rate cuts premature, but a change in the situation could lead to another outcome, ECB Governing Council member Mārtiņš Kazāks said Wednesday.
6 December 2023
By David Barwick – FRANKFURT (Econostream) – It’s about time – that was our first thought on reading European Central Bank Executive Board member Isabel Schnabel’s latest contribution to the public discussion of the monetary policy outlook, in which she confessed to having come around to a less hawkish take on matters.
5 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that there were still many vulnerabilities in the global financial system that could be addressed by global coordination.
5 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday said that given recent inflation developments, further interest rate hikes were improbable.
5 December 2023
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s consumer expectations survey, released Tuesday, showed October medium expectations of inflation for the next 12 months and three years ahead unchanged at 4% and 2.5%, respectively, compared to September.
5 December 2023