By David Barwick – FRANKFURT (Econostream) – The European Central Bank is headed in the right direction in terms of sustainably achieving price stability, Executive Board member Isabel Schnabel said Wednesday.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – Stronger-than-expected medium-term inflation would probably require a more robust evolution of wages than the evidence so far presages, European Central Bank Governing Council member Pablo Hernández de Cos said Wednesday.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – Should inflation threaten to mount too much, the European Central Bank will take action to counter this, ECB Governing Council member Olli Rehn said on Wednesday.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Tuesday said that energy prices could be expected to decelerate next year.
21 December 2021
By David Barwick – FRANKFURT (Econostream) – The crisis phase of the pandemic is by no means at an end and the European Central Bank retains the right to reactivate net purchases under the pandemic emergency purchase programme (PEPP), ECB Governing Council member Pablo Hernández de Cos said Monday.
20 December 2021
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 09 December with Agence France Trésor Chief Executive Cyril Rousseau:
20 December 2021
- AFT’s ‘robust system’ has worked before under volatility and will function again if necessary
- Downward revision of financing programme only if very clear economic improvement early in the year
- ‘Quite excited to take a closer look at’ adding green dot, but decision depends on study outcome
By David Barwick – FRANKFURT (Econostream) – German Finance Minister Christian Lindner on Monday confirmed that the new government would like Joachim Nagel to succeed outgoing Bundesbank President and European Central Bank Governing Council member Jens Weidmann.
20 December 2021
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.
20 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Robert Holzmann on Saturday said that the entire Governing Council was prepared to act if inflation climbed further.
20 December 2021
By David Barwick – FRANKFURT (Econostream) – The German economy could contract in the current quarter, while consumer price inflation would exceed 4% in the next months, the German Bundesbank said on Monday in its latest monthly report.
20 December 2021
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is making good progress toward its price stability target and must not be held up by unwarranted fragmentation, Governing Council member François Villeroy de Galhau said Monday.
20 December 2021
By David Barwick – FRANKFURT (Econostream) – Currently high inflation will not be a longer-term phenomenon in the absence of second-round effects on wages and prices, European Central Bank Governing Council member Olli Rehn said on Friday.
17 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that the ‘change of tone’ in the messages sent yesterday by the ECB’s decisions were an important reflection of the potential need to tighten policy faster than anticipated.
17 December 2021
By David Barwick – FRANKFURT (Econostream) – Monetary policymakers need to be attentive to the predominantly upside inflation risks in the euro area, European Central Bank Governing Council member Jens Weidmann said on Friday.
17 December 2021
By David Barwick – FRANKFURT (Econostream) – The latest staff forecasts of the European Central Bank reflect the decreasing impact of the pandemic on the euro area economy, ECB Governing Council member Boštjan Vasle said Friday.
17 December 2021
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s price stability objective can be considered more or less achieved in 2023 and 2024, Governing Council member Pierre Wunsch said Friday.
17 December 2021
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will modify its monetary policy stance in accordance with observed developments, Governing Council member François Villeroy de Galhau said Friday.
17 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday managed to deliver a set of decisions that preserved a high degree of optionality and flexibility and showed growing open-mindedness at the ECB about what would follow currently elevated uncertainty.
16 December 2021