By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta pushed back on Tuesday against the idea of the ECB issuing any ‘unconditional guidance’ on its policy moves beyond February.
24 January 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that euro area interest rates would probably hit their terminal level by the summer.
24 January 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday suggested that high core inflation meant the ECB had to continue hiking interest rates.
24 January 2023
By David Barwick – ZAGREB (Econostream) – The European Central Bank will clearly continue hiking interest rates in the near term, Governing Council member Boris Vujčić said Tuesday.
24 January 2023
By David Barwick – FRANKFURT (Econostream) – Last month’s decline of headline German inflation is unlikely to be the start of a trend, the German Bundesbank said on Monday in its latest monthly report.
23 January 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank has no grounds to decelerate the pace of its monetary policy tightening and should hike twice more by 50bp, Governing Council member Peter Kažimír said Monday.
23 January 2023
- Villeroy: Will continue to raise rates, perhaps at slightly slower pace than in recent months
- Villeroy: ‘Economic activity in Europe is rather resilient and better than expected’
- Villeroy: Expect inflation to be back down to 2% by the end of 2024 or 2025
- Villeroy: Hope inflation now at peak, but in any case will be there in 1H and then decline steadily
- Nagel: We will restore price stability without causing recession
- Nagel: Don’t notice monetary policy differences between Germany and France
By Xavier D’Arcy – FRANKFURT (Econostream) – ECB Governing Council member Ignazio Visco on Monday urged that the ECB implement rate hikes in a gradual manner and carefully consider the impact of further interest rate increases on all Eurozone economies.
23 January 2023
By Xavier D’Arcy – ESCHBORN, Germany (Econostream) – ECB President Christine Lagarde repeated on Monday that the ECB would ‘stay the course’ in the fight against inflation.
23 January 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Sunday said that euro area interest rates should increase at a more gradual pace in view of slower economic growth and the integrity of the transmission mechanism.
22 January 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank expects to hike rates significantly at the next monetary policy meetings and then maintain the terminal rate for a period of time, Governing Council member Pablo Hernández de Cos said Sunday.
22 January 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot explicitly called for two 50bp rate rises at the ECB’s next two monetary policy meetings in February and March.
22 January 2023
By David Barwick – FRANKFURT (Econostream) – Bank of Greece Deputy Governor Christina Papaconstantinou on Friday said that monetary policy, being restrictive, could hinder the transition to reliance on more sustainable energy.
20 January 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that the ECB would continue to hike rates and that monetary policymakers would do what is necessary to return inflation to its 2% target.
20 January 2023
By David Barwick – FRANKFURT (Econostream) – The new year does not appear to have brought any change in European Central Bank Governing Council hawks’ ability to dominate the public discourse, even if their recent comments don’t offer policy insight as much as they reflect the risen probability of a greater split in the ranks down the road.
19 January 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot suggested on Thursday that he saw the ECB hiking by 50bp in March as well.
19 January 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the ECB would stay the course on rate hikes and was determined to return inflation to 2% in a timely manner.
19 January 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Deutsche Bundesbank board member Sabine Mauderer said on Wednesday that despite pessimistic business expectations and elevated inflation, it was not all ‘doom and gloom’ for the German economy.
18 January 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that there were optimistic indications with respect to inflation, but that the ECB’s efforts to regain control were not at an end yet.
18 January 2023