By David Barwick – FRANKFURT (Econostream) – The recent increase in inflation risk premia based on inflation-linked swap (ILS) rates may be related to the risk that supply shocks will continue to batter the economy, the European Central Bank said on Thursday.
13 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Supply bottlenecks should fully unwind by 2023, the European Central Bank said on Thursday.
13 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday emphasised the determination of the ECB to do whatever proved necessary to restore price stability.
12 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank needs to be attentive to a potential disanchoring of inflation expectations, the chief possible source of more persistent high inflation, ECB Governing Council member Pablo Hernández de Cos said Wednesday.
12 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
11 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Current inflation trends suggest that the European Central Bank is very likely to achieve its price stability target, in which case monetary policy will react appropriately, ECB Governing Council member Mārtiņš Kazāks said Tuesday.
11 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Lest anyone had doubted, newly minted European Central Bank Governing Council member Joachim Nagel made clear at his very first opportunity that the German Bundesbank would continue its tradition of standing up for stable prices and against policy activism.
11 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Monetary policy needs to be on guard amid mainly upside inflation risks, and the European Central Bank must do whatever is necessary to safeguard price stability, newly minted ECB Governing Council member Joachim Nagel said on Tuesday.
11 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Supply constraints could continue to bedevil the euro area economy for most of the current year, the European Central Bank said on Tuesday.
11 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Euro area wage data are so far not showing the pick-up of wage growth needed to support underlying inflation enough for the European Central Bank to hike rates, ECB Executive Board member Philip Lane said Tuesday.
11 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
10 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – For anyone interested in how the energy transition might ultimately play out in terms of inflation, European Central Bank Executive Board member Isabel Schnabel provided the clearest theoretical answer to date.
10 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank may need to ditch the traditional practice of ignoring passing deviations of inflation from its target when these are driven by energy prices, ECB Executive Board member Isabel Schnabel said Saturday.
8 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – All available evidence supports the European Central Bank’s view that inflation next year and the year after is more likely to undershoot the ECB’s price stability target, Executive Board member Philip Lane said Friday.
7 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
5 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Inflation will ultimately settle close to the target of the European Central Bank, entailing a gradual normalisation of monetary policy, Governing Council member François Villeroy de Galhau said Tuesday.
4 January 2022 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank could hike rates in early 2023, ECB Governing Council member Klaas Knot said Thursday.
30 December 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Risks to inflation are balanced overall rather than being to the upside, European Central Bank Governing Council member Ignazio Visco said on Thursday.
30 December 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is within reach of price stability and with risks to inflation obviously tilted upwards, policy tightening is more likely than further accommodation, Governing Council member Klaas Knot said Thursday.
30 December 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Robert Holzmann on Thursday said that the ECB had in effect started the slow process of exiting from negative interest rates and that it would be crucial to continue this in 2022.
30 December 2021 Central Bank News