By David Barwick – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 17 July with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
19 July 2023
By David Barwick – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday said that pending a careful examination of all pertinent factors, the ECB might want to consider the possibility early next year of picking up the pace of quantitative tightening with respect to its asset purchase programme (APP).
19 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is close to its terminal rate, though might still have some tightening left to do, ECB Governing Council member Ignazio Visco said on Tuesday.
18 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The balance of risks to the monetary policy outlook is shifting and the European Central Bank should possibly start paying attention to the risk of overtightening, ECB Governing Council member Klaas Knot said on Tuesday.
18 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – There is a high probability that the European Central Bank will hike its key interest rates by another 25bp at its upcoming meeting, but any further hikes will be data-dependent, ECB Governing Council member Joachim Nagel said on Monday.
18 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Disinflation in the Eurozone could occur faster than the European Central Bank currently expects, ECB Governing Council member Ignazio Visco said on Tuesday.
18 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch emphasised on Monday the necessity for central banks to be clear that there would be no free lunch in terms of fighting climate change, and underlined the importance of upholding the existing policy framework to avoid creating unrealistic expectations.
17 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Core inflation is likely to remain high in Germany over the summer, though inflation data will be distorted by one-off effects, the German Bundesbank said on Monday.
17 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank probably needs to go further in its fight against inflation to ensure a durable turnaround in underlying price pressures, ECB Governing Council member Boštjan Vasle said on Monday.
17 July 2023
By David Barwick and Xavier D’Arcy – 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 15 June, but earlier comments can still be seen in versions up to that of 9 June .
14 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is not far from the end of its rate hike cycle, ECB Governing Council member Ignazio Visco said on Thursday.
13 July 2023
By David Barwick – ATHENS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 11 July with Yannis Stournaras, Governor of the Bank of Greece and member of the Governing Council of the European Central Bank:
13 July 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday said that when Greece returns to investment grade, it would likely result in very significant new foreign direct investment or financial investment.
13 July 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday said that new data showing economic weakness cast doubt on whether the ECB’s central economic scenario was materialising and underscored the tentative nature of any further monetary tightening.
13 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Once it reaches the terminal rate, the European Central Bank will leave the door open to further rate hikes and is unlikely to announce that the hiking cycle is over, ECB Governing Council member Boris Vujčić said on Wednesday.
12 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The full impact of the European Central Bank’s rate hikes will likely take years to fully unfold, ECB Executive Board member Philip Lane said on Wednesday.
12 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that he thought ECB rate hikes would soon reach their conclusion.
11 July 2023
By David Barwick – FRANKFURT (Econostream) – Is the European Central Bank Governing Council’s most prominent hawk going dovish?
11 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is proceeding carefully, evaluating its steps and remaining flexible in the face of uncertainty and volatility in the Eurozone, Governing Council member Joachim Nagel said on Monday.
10 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank will soon reach the peak of its hiking cycle, which will resemble a plateau, as rates will be held at a high level for a long time, Governing Council member François Villeroy de Galhau said on Sunday.
9 July 2023