By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that the main impact of the ECB’s restrictive monetary policy stance on inflation would take time to be felt and that its intensity was yet to be seen.
21 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Tuesday reiterated that any discussion of looser ECB monetary policy was premature.
21 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that discussion of ECB monetary policy had shifted too fast from focussing on when tightening would end to asking when loosening would start and that the ECB would probably its keep interest rates at current levels for some time.
21 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said that financial stability risks warranted the involvement of central banks in mitigating climate change.
21 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday said that the process of getting inflation to the ECB's price stability target would be slower from now on.
21 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Monday warned that market expectations of policy easing could wind up leading to further tightening.
20 November 2023
By Isabel Teles – FRANKFURT (Econostream) – After declining significantly in October, German inflation should hover close to its present level over the near term, the German Bundesbank said on Monday in its latest monthly report.
20 November 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 .
20 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that countries needed to pursue deeper and lasting trading relationships to achieve a better economic integration.
20 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Friday said that the only reason to maintain the practice of reinvestments under the pandemic emergency purchase program (PEPP) was because the ECB had once committed to this, but that it was now necessary to consider the matter anew.
17 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said the current inflation figures in Europe and in France showed that the ECB’s monetary policy decisions had been appropriate.
17 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that the ECB had to keep monetary policy tight until price stability was achieved.
17 November 2023
- Holzmann: Don’t want markets to think there won’t be another rate hike
- Holzmann: Hope rate hikes over, but ‘also ready to step on the brakes again’
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that for the Capital Markets Union (CMU) to help Europe face its challenges, a completely different approach was necessary.
17 November 2023
By David Barwick – VIENNA (Econostream) – No one should think that monetary policy tightening by the European Central Bank has already reached an end, Governing Council member Robert Holzmann said Thursday.
17 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday said that financial stability could benefit from a macroprudential approach to the non-bank sector.
16 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that making progress in implementing financial reforms and responding to new vulnerabilities could improve the resilience of the financial system.
16 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that it would be inappropriate to be triumphant about having avoided risks to financial stability just because some of these hadn’t yet fully materialised.
16 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Wednesday said that inflation would reach the ECB’s 2% target in 2025 but that its further decline would proceed more slowly.
15 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Tuesday called for regulatory and legislative adjustments related to the climate transition to treat private financial institutions the same way as other sectors of the economy.
14 November 2023