By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank’s most immediate goal is to fight high inflation, but it also faces a number of other challenges, such as the climate crisis, geopolitical tensions and the digital transformation, ECB President Christine Lagarde said on Wednesday.
24 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The Bundesbank issued a critical opinion of the European Commission’s proposals for new EU economic governance rules, contrasting with the European Central Bank’s positive assessment of the plans.
24 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Currently high inflation in Germany is feeding through to wages and prices, with improved economic conditions and the better outlook for energy making it more likely that unions will push for high inflation compensation packages, the Bundesbank said on Wednesday.
24 May 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday said the ECB would maintain restrictive interest rates however long it took to get back to price stability in timely fashion.
24 May 2023
By David Barwick – FRANKFURT (Econostream) – The following is an overview of key recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 4 May.
23 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank needs to hike rates several more times in its fight against inflation, Governing Council member Joachim Nagel said on Tuesday.
23 May 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that Europe was now in part two of the current inflation story and that monetary policy should be forward-looking, maybe.
23 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos said on Tuesday that the conflict between monetary and fiscal policies concerned him far more than financial stability risks stemming from rate hikes.
23 May 2023
By David Barwick – VIENNA (Econostream) – European Central Bank Executive Board member Philip Lane on Monday extolled the solid anchoring of financial market expectations and highlighted the importance of this for monetary policy.
22 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank could hike or pause at either of its next three meetings, but in any case should wrap up its hiking cycle by September at the latest, ECB Governing Council member François Villeroy de Galhau said on Monday.
22 May 2023
By David Barwick – VIENNA (Econostream) – Policymakers should make sure that their tools will actually work as intended, and policies should be designed to mitigate any reluctance to deploy them, European Central Bank Governing Council member Robert Holzmann said Monday.
22 May 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s process of monetary tightening is not quite at an end, ECB Governing Council member Pablo Hernández de Cos said Monday.
22 May 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Sunday reiterated his expectation of a return of Greek sovereign debt to investment grade soon.
21 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank will not pause its rate hikes at its upcoming meeting, based on data available today, President Christine Lagarde said on Sunday.
21 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Inflation is looking stickier than the European Central Bank anticipated in its March projections, Executive Board member Isabel Schnabel said on Friday.
19 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Financial stability concerns do not pose an obstacle to the European Central Bank’s hiking cycle, ECB Executive Board member Isabel Schnabel said on Friday.
19 May 2023
By David Barwick – FRANKFURT (Econostream) – The following is an overview of key recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 4 May.
19 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – It is becoming more difficult to reach consensus on the European Central Bank Governing Council as the ECB reaches the end of its hiking cycle, President Christine Lagarde said on Friday.
19 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank said on Friday that recent wage agreements posed an upside risk to the inflation outlook, with wage pressures becoming an ever more important driver of underlying inflation.
19 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Governing Council leaks about monetary policy are frequent and have a sizable impact on financial markets, according to a blog published by the European Central Bank on Friday.
19 May 2023