By David Barwick – FRANKFURT (Econostream) – Strictly speaking, European Central Bank Chief Economist Philip Lane cannot be said to have walked back his previous interview in the one published on Tuesday. But what might appear at first glance to have been doubling down was in fact decidedly more cautious in tone and scope than last month.
6 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane on Tuesday left open the question of whether the ECB Governing Council would hike rates by 75bp or 50bp in December, but warned of a second inflationary wave.
6 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that this month’s monetary policy meeting of the ECB was likely to see euro area official interest rates reach neutrality at approximately 2%.
5 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Monday said that the ECB should hike interest rates this month by at least 50bp.
5 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Sunday said it was clear that the ECB had to continue to raise official borrowing costs.
4 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Sunday suggested that he would favour a December rate hike by the ECB of 50bp.
4 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that financial markets would be able to deal with the passive roll-off as of next quarter of assets acquired under the ECB’s Asset Purchase Programme (APP).
2 December 2022
By David Barwick – FRANKFURT (Econostream) – To the updated version published one week ago of recent public comments by European Central Bank Governing Council members touching on the subject of quantitative tightening, we have added remarks made in the meanwhile.
2 December 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank's effort to reduce the size of its balance sheet would be 'predictable and gradual', ECB Governing Council member Edward Scicluna said Friday.
2 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday came out in favour of making any more ECB rate hikes ‘gradual’.
1 December 2022