Central Bank News


ECB Brief: Belgium’s Governor Wunsch No Monetary Policy Hawk After All

ECB Brief: Belgium’s Governor Wunsch No Monetary Policy Hawk After All

By David Barwick – FRANKFURT (Econostream) – With a share in the European Central Bank’s capital of not quite 3% and a level of GDP that ranks sixth among Eurozone member economies, one might not expect Belgium’s central bank governor to play a crucial role in determining the outcome of an ECB Governing Council monetary policy meeting.

5 May 2021
ECB Brief: ECB’s Villeroy Plays Down Corporate Insolvency Threat

ECB Brief: ECB’s Villeroy Plays Down Corporate Insolvency Threat

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau’s exhortations on Tuesday and Wednesday not to ‘exaggerate the alarms’ with regard to corporate insolvencies may take some of the wind out of the sails of those for whom this issue might become the newest argument for extending policy support ad infinitum.

5 May 2021
German 1Q 2021 Flash GDP Down 1.7% Q/Q, -3.0% Y/Y

German 1Q 2021 Flash GDP Down 1.7% Q/Q, -3.0% Y/Y

By David Barwick – FRANKFURT (Econostream) – German economic output fell a real, seasonally and calendar-adjusted 1.7% on the quarter in the first quarter of 2021, the German Federal Statistical Office announced on Friday.

30 April 2021
ECB’s Weidmann: Emergency Measures Must End After Pandemic Ends

ECB’s Weidmann: Emergency Measures Must End After Pandemic Ends

By David Barwick – FRANKFURT (Econostream) – The measures introduced by the European Central Bank to address the pandemic-related crisis must end once the pandemic ends, Governing Council member and German Bundesbank President Jens Weidmann said Thursday.

29 April 2021
ECB’s Centeno: Strategy Review Should Retain Many Elements of Last 10 Years of ECB Policy

ECB’s Centeno: Strategy Review Should Retain Many Elements of Last 10 Years of ECB Policy

By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s strategy review should lead to a monetary policy strategy that incorporates much of what the ECB has done over the last ten years, but should also allow for a ‘clearer role for full employment and balanced economic growth’, Governing Council member Mario Centeno said Wednesday.

29 April 2021