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ECB Insight: Lagarde Unmistakably Hawkish; ‘It Would Surprise Me’ if Inflation Already at Its Peak

ECB Insight: Lagarde Unmistakably Hawkish; ‘It Would Surprise Me’ if Inflation Already at Its Peak

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday showed herself from her hawkish side, making it considerably less clear whether the Governing Council would really temper its pace of rate hiking as soon as next month, but also raising the question of how bold forthcoming quantitative tightening decisions will turn out.

28 November 2022 | Central Bank News
ECB’s Centeno Qualifies Earlier Warning of Cost of Policy Inaction, Comes out Against 75BP

ECB’s Centeno Qualifies Earlier Warning of Cost of Policy Inaction, Comes out Against 75BP

By David Barwick – FRANKFURT (Econostream) – Days after repeating his warning that the economic cost of monetary policy inaction in the face of high inflation would be greater than the cost of higher interest rates, European Central Bank Governing Council member Mario Centeno on Thursday suggested that neither does he want much policy action.

24 November 2022 | Central Bank News
ECB’s Nagel: I’m Not Calling for a Rate Move of any Particular Size

ECB’s Nagel: I’m Not Calling for a Rate Move of any Particular Size

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday reiterated his call for further decisive monetary policy action, but indicated that he was not seeking a December rate hike of a particular magnitude.

22 November 2022 | Central Bank News