By David Barwick – FRANKFURT (Econostream) – The European Central Bank is making good progress toward its price stability target and must not be held up by unwarranted fragmentation, Governing Council member François Villeroy de Galhau said Monday.
20 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Currently high inflation will not be a longer-term phenomenon in the absence of second-round effects on wages and prices, European Central Bank Governing Council member Olli Rehn said on Friday.
17 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that the ‘change of tone’ in the messages sent yesterday by the ECB’s decisions were an important reflection of the potential need to tighten policy faster than anticipated.
17 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Monetary policymakers need to be attentive to the predominantly upside inflation risks in the euro area, European Central Bank Governing Council member Jens Weidmann said on Friday.
17 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The latest staff forecasts of the European Central Bank reflect the decreasing impact of the pandemic on the euro area economy, ECB Governing Council member Boštjan Vasle said Friday.
17 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s price stability objective can be considered more or less achieved in 2023 and 2024, Governing Council member Pierre Wunsch said Friday.
17 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will modify its monetary policy stance in accordance with observed developments, Governing Council member François Villeroy de Galhau said Friday.
17 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday managed to deliver a set of decisions that preserved a high degree of optionality and flexibility and showed growing open-mindedness at the ECB about what would follow currently elevated uncertainty.
16 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Members of the European Central Bank’s Governing Council periodically emphasise their resolve to tighten monetary policy whenever the situation warrants it and without regard for the fiscal interests of euro area sovereigns, but all things considered it would be an optimistic observer who took such assurances at face value.
15 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Seven weeks ago, we noted in this space that the Governing Council meeting of the European Central Bank that was then two days off had been preceded by an unusually thin trickle of communication, at least from the Executive Board. Now, the opposite is more the case, with seemingly every member of the Council having weighed in, in many cases more than once, about coming decisions or the possibility of deferring these.
14 December 2021 | 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.
13 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank on Sunday said that Vice President Luis de Guindos had tested positive for Covid 19.
12 December 2021 | 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:
10 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Friday highlighted the ongoing potential of the pandemic to cause economic damage, and urged avoiding complacency.
10 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s monetary policy must take into account increasing risks to financial stability, Executive Board member Isabel Schnabel said Wednesday.
8 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The French economy will register growth of 6.7% for the full year 2021, European Central Bank Governing Council member François Villeroy de Galhau said Wednesday.
8 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The emergence of the Omicron variant of the coronavirus is not yet a reason to defer beyond next March the end of the European Central Bank’s pandemic emergency purchase programme (PEPP), according to ECB Governing Council member Mārtiņš Kazāks on Wednesday.
8 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Tuesday’s Financial Times story suggesting a growing concern among European Central Bank policymakers about being too hasty to extend accommodation is less revelation than reminder.
7 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank policymakers are less sure than ever about the speed with which inflation will recede and are thus reconsidering their willingness to continue providing monetary accommodation, the Financial Times reported on Tuesday.
7 December 2021 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Robert Holzmann on Tuesday said the growth outlook was largely intact, but he warned anew of inflation and suggested that he would support inverting the standard sequence of policy withdrawal.
7 December 2021 | Central Bank News