By David Barwick – FRANKFURT (Econostream) – It’s about time – that was our first thought on reading European Central Bank Executive Board member Isabel Schnabel’s latest contribution to the public discussion of the monetary policy outlook, in which she confessed to having come around to a less hawkish take on matters.
5 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that there were still many vulnerabilities in the global financial system that could be addressed by global coordination.
5 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday said that given recent inflation developments, further interest rate hikes were improbable.
5 December 2023
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s consumer expectations survey, released Tuesday, showed October medium expectations of inflation for the next 12 months and three years ahead unchanged at 4% and 2.5%, respectively, compared to September.
5 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Monday said it was necessary to make informed decisions on how to direct money for long-term adaptation to climate change.
4 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the concept of supranational governance was confronting a lack of acceptance and should tackle the challenges facing it.
4 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Monday said that monetary policy was working and should not react to developments unless necessary.
4 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Monday said that labour costs were a risk to price stability.
4 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Sunday said that future falls in inflation should not be assumed, notwithstanding the encouraging recent decline.
4 December 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Constantinos Herodotou on Sunday said that an increase in the violence in Ukraine and the Middle East could boost euro area inflation.
4 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the ECB might discuss cutting interest rates in 2024.
1 December 2023
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 26 October, but earlier comments can still be seen in versions up to that of 25 October .
1 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Friday said that supervisors and banks could not be content and needed to translate rapidly the identification of sector problems into efforts at devising and proposing a solution.
1 December 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Thursday said that it was possible to increase the speed in which the ECB’s balance sheet was reduced.
30 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that monetary policy had benefited from banking supervision in the recent challenging context.
30 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that the normalisation of the Eurosystem’s balance sheet must be done carefully to avoid putting price stability at risk.
30 November 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s Governing Council is likely to renew at its December monetary policy meeting the discussion of how to reduce the size of the ECB’s balance sheet further, in the view of a Eurosystem insider who spoke to Econostream recently.
30 November 2023
By Isabel Teles – FRANKFURT (Econostream) – New euro banknotes could have ‘European culture’ or ‘rivers and birds’ as a theme, according to a press release published Wednesday by the European Central Bank.
30 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Wednesday predicted a first rate cut at the mid-2024 mark, conditional on inflation cooperating.
29 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the ECB’s monetary tightening should be reflected in the interest rates paid on retail deposits so as to help dampen demand.
29 November 2023