Central Bank


Seeking Compromise on a Rate Hike, But Can Progress on QT Help the ECB Get There?

Seeking Compromise on a Rate Hike, But Can Progress on QT Help the ECB Get There?

By David Barwick – FRANKFURT (Econostream) – Econostream continues to expect the outcome of this week’s European Central Bank Governing Council meeting to be a 50bp rate hike, a view we’ve held more or less since 28 October, when President Christine Lagarde clearly set the stage for a deceleration of the tightening pace.

13 December 2022
ECB Insight: Lane Retreats to Safer Ground on Question of December Rate Hike Size

ECB Insight: Lane Retreats to Safer Ground on Question of December Rate Hike Size

By David Barwick – FRANKFURT (Econostream) – Strictly speaking, European Central Bank Chief Economist Philip Lane cannot be said to have walked back his previous interview in the one published on Tuesday. But what might appear at first glance to have been doubling down was in fact decidedly more cautious in tone and scope than last month.

6 December 2022
ECB’s Villeroy Backs December Rate Hike of 50BP

ECB’s Villeroy Backs December Rate Hike of 50BP

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Sunday suggested that he would favour a December rate hike by the ECB of 50bp.

4 December 2022