By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Thursday indicated that he might support an October rate hike of the same magnitude as the previous hike.
29 September 2022
By David Barwick – VILNIUS (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday called on fiscal and macroprudential policy to complement monetary policy, and urged that macroprudential policy be tightened somewhat in the context of deteriorating growth prospects.
29 September 2022
By David Barwick – FRANKFURT (Econostream) – It is currently more appropriate for monetary policy to apply the principles of frontloading and determination rather than that of gradualism, European Central Bank Governing Council member Olli Rehn said on Wednesday.
28 September 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank should hike interest rates next month by at least 50 basis points, according to ECB Governing Council member Mārtiņš Kazāks on Wednesday.
28 September 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday said that higher interest rates were needed to prevent demand from boosting prices yet further and to anchor inflation expectations.
28 September 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will only be able to restore price stability if workers accept lower real wages and firms accept reduced profitability, ECB Chief Economist Philip Lane said Tuesday.
27 September 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that monetary policy should stick to its price stability course so as to avoid adding yet more uncertainty to financial markets.
27 September 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Monday argued again that the ECB’s monetary policy enjoyed sufficient credibility to make high real interest rates unnecessary to get inflation back down.
26 September 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that predominantly upside inflation risks and the threat of a de-anchoring of inflation expectations required additional increases of official borrowing costs.
26 September 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the Governing Council intended to continue raising interest rates at its coming meetings even as economic prospects were deteriorating.
26 September 2022