By David Barwick – FRANKFURT (Econostream) – The European Central Bank should adjust pandemic emergency purchase programme (PEPP) buying whenever market interest rates increase without a corresponding move of the medium-term inflation outlook to its pre-pandemic path, ECB Governing Council member Pablo Hernández de Cos said Thursday.
13 May 2021
By David Barwick – FRANKFURT (Econostream) – There is no evidence calling for a change in the European Central Bank’s asset purchases under its pandemic emergency purchase programme (PEPP), ECB Governing Council member Yannis Stournaras said Thursday.
13 May 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Wednesday voiced opposition to a ‘generalised back-tracking’ of monetary policy.
12 May 2021
By David Barwick – FRANKFURT (Econostream) – Consumer prices in Germany were confirmed to have risen in April by 2.0% on the year, according to the German Federal Statistical Office on Wednesday.
12 May 2021
By David Barwick – Frankfurt (Econostream) – German Finance Minister Olaf Scholz on Wednesday said that Germany would grow its way out of the debt incurred to deal with the crisis, but would also tax those who earn very well.
12 May 2021
By David Barwick – FRANKFURT (Econostream) – Were the European Central Bank to decide that it was time to undo its expansionary policy measures, the process would have to be gradual enough for everyone to be able to adapt, Executive Board member Isabel Schnabel said on Tuesday.
11 May 2021
By David Barwick – FRANKFURT (Econostream) – The ZEW German economic sentiment indicator bounced back in May with an increase of 13.7 points to 84.4, the highest level in 20 years, economic research institute ZEW said on Tuesday.
11 May 2021
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on May 7 with Pablo de Ramón-Laca Clausen, General Director of the Tesoro and Financial Policy, Spain’s sovereign debt issuer:
11 May 2021
- Impact of ECB Tightening ‘Manageable as Long as Financing Conditions Remain Favourable’
11 May 2021
- ‘In Case of Emergency Cash Needs, There Are Always T-bills’
11 May 2021
By David Barwick – FRANKFURT (Econostream) – Despite the short-term volatility of inflation in the euro area, there is no inflationary pressure, European Central Bank Governing Council member Pablo Hernández de Cos said Tuesday.
11 May 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said Tuesday that the ECB’s asset purchases under the pandemic emergency purchase programme (PEPP) would continue until at least next March.
11 May 2021
By David Barwick – FRANKFURT (Econostream) – The European Central Bank should be willing to allow inflation to overshoot its target for a certain period of time, Governing Council member Olli Rehn said on Sunday.
10 May 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martins Kazaks said Friday that the ECB might decide in June to slow its asset purchase pace.
10 May 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday compared the recovery to a long journey requiring sustained policy support.
10 May 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday tempered the optimism of his previous most recent public comments by a shift in emphasis from the upturn to come to the downturn that was as an argument for maintaining policy support.
10 May 2021
By David Barwick – FRANKFURT (Econostream) – A premature withdrawal of policy support measures should be avoided, although prolonging them unnecessarily could also be harmful, European Central Bank Governing Council member Constantinos Herodotou said on Sunday.
9 May 2021
By David Barwick – FRANKFURT (Econostream) – German exports climbed a seasonally and calendar-adjusted 1.2% on the month in March, the German Federal Statistical Office said on Friday.
7 May 2021
By David Barwick – FRANKFURT (Econostream) – The surge in energy inflation over the last few months was due almost entirely to a base effect that contributed about one percentage point to headline euro area HICP, the European Central Bank said on Thursday.
6 May 2021
By David Barwick – Frankfurt (Econostream) – German Finance Minister Olaf Scholz on Wednesday indicated that strong economic growth in Germany would make another stimulus package unnecessary.
6 May 2021