ECB’s de Cos: Unlikely to See Rate Hike in 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is unlikely to hike interest rates this year, ECB Governing Council member Pablo Hernández de Cos said Thursday.
20 January 2022
Central Bank
ECB’s Lagarde: Eurozone Economy Not at Point Where Interest Rates Should Rise.
By David Barwick – FRANKFURT (Econostream) – The Eurozone economy is, in contrast to that of the US, not yet at the point where interest rates should rise, European Central Bank President Christine Lagarde said Thursday.
20 January 2022
ECB Hawk-Dove Ranking: Council Gains Another Hawk as Villeroy Comments Lead to New Spot on Scale
By David Barwick – FRANKFURT (Econostream) – Econostream’s ranking of Governing Council members in terms of hawkishness/dovishness has been updated today in two respects: a major re-ranking of Banque de France Governor François Villeroy de Galhau and a minor adjustment to the placement of Banque centrale du Luxembourg Governor Gaston Reinesch.
19 January 2022
ECB’s Villeroy: Very Vigilant; Will Gradually Adjust Monetary Policy to Ensure Inflation’s Decline
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that the ECB intended to gradually modify its policy stance to make sure that inflation slows to a steady level in line with price stability.
19 January 2022
ECB’s Villeroy Vows Again that ECB Will Do What Is Needed to Return HICP to Around 2%
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday repeated his vow that the ECB would do what is necessary to get inflation back to around 2%.
19 January 2022
ECB’s Rehn: ECB Has Instruments to Keep Inflation Under Control
By David Barwick – FRANKFURT (Econostream) – The European Central Bank has the instruments to keep inflation from getting out of control, ECB Governing Council member Olli Rehn said on Tuesday.
18 January 2022
ECB Insight: From No Risk of Inflation’s Durable Return to a ‘New Inflation Regime’ Around 2%
By David Barwick – FRANKFURT (Econostream) – Do central bankers anticipate economic developments well enough to remain perpetually one step ahead of financial markets and shape monetary policy proactively, or does the lack of any special foreknowledge mean that in fact they essentially go with the flow?
18 January 2022
EXCLUSIVE: Denmark Debt Head: New Green Bond Should Easily Attract Full DKK15 Bn 2022 Volume
- Denmark Debt Head: Use of Auction Signals That Green Bond Part of Our Regular Issuances
- Denmark Debt Head: Must Also Stay Very Focused on Keeping Main Benchmark Series Liquid
ECB’s Villeroy: Willing and Able to Adjust Monetary Policy Quickly If Needed
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said the ECB was willing and able to adjust its policy stance if high inflation didn’t subside as expected.
18 January 2022
They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
17 January 2022
ECB’s Schnabel: Have Taken First Steps to Reduce Expansionary Monetary Policy
By David Barwick – FRANKFURT (Econostream) – The European Central Bank has taken the first steps towards withdrawing monetary accommodation, ECB Executive Board member Isabel Schnabel said Sunday.
17 January 2022
ECB’s Centeno: Don’t Need to React to High Inflation Now with Medium-Term Not Seen over 2%
By David Barwick – FRANKFURT (Econostream) – The European Central Bank does not need to react to currently elevated inflation in view of forecasts calling for it to subside over the policy-relevant horizon, ECB Governing Council member Mario Centeno said Sunday.
17 January 2022
ECB’s Lagarde: Our Commitment Is Unwavering; Will Take Any Measures Necessary
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will do whatever is required to achieve its price stability target, ECB President Christine Lagarde said Friday.
14 January 2022
ECB’s Schnabel: End of Net PEPP Purchases First Step Towards Hiking Interest Rates
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s decision last month to end net pandemic emergency purchase programme (PEPP) purchases was an initial step in the direction of higher interest rates, ECB Executive Board member Isabel Schnabel said Friday.
14 January 2022
They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
13 January 2022
ECB: Change in Sign of Inflation Risk Premia May Reflect Anticipation of Further Supply Shocks
By David Barwick – FRANKFURT (Econostream) – The recent increase in inflation risk premia based on inflation-linked swap (ILS) rates may be related to the risk that supply shocks will continue to batter the economy, the European Central Bank said on Thursday.
13 January 2022
ECB: Supply Bottlenecks Should Fully Unwind by 2023
By David Barwick – FRANKFURT (Econostream) – Supply bottlenecks should fully unwind by 2023, the European Central Bank said on Thursday.
13 January 2022
ECB’s Villeroy: I Guarantee We Will Do Whatever Is Necessary to Return Inflation to Around 2%
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday emphasised the determination of the ECB to do whatever proved necessary to restore price stability.
12 January 2022
ECB’s de Cos: Potential Dis-anchoring of Expectations Main Risk of Persistent Inflation
By David Barwick – FRANKFURT (Econostream) – The European Central Bank needs to be attentive to a potential disanchoring of inflation expectations, the chief possible source of more persistent high inflation, ECB Governing Council member Pablo Hernández de Cos said Wednesday.
12 January 2022
They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
11 January 2022