By David Barwick – FRANKFURT (EconoStream) – European Central Bank Executive Board member Yves Mersch on Thursday argued against joint EU debt issuance becoming the norm.
8 October 2020
By David Barwick – FRANKFURT (EconoStream) – It is important that the support measures of the European Central Bank not be removed too soon, ECB President Christine Lagarde said Wednesday.
7 October 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Executive Board member Philip Lane on Tuesday reiterated his opposition to allowing the pandemic to result in a lengthy period of lower-than-previously-expected inflation.
6 October 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Governing Council member Pablo Hernandez de Cos on Tuesday reiterated his assertion that the strength of the euro had undone much of the monetary accommodation provided by the ECB.
6 October 2020
5th October 2020 By David Barwick – FRANKFURT (EconoStream) – Monetary policy is making a crucial contribution by ensuring that the economic fallout from the pandemic does not trigger second-round effects, European Central Bank Governing Council member...
5 October 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Governing Council member François Villeroy de Galhau on Saturday insisted on the necessity of repaying the public debt incurred as a consequence of the crisis.
3 October 2020
2nd October 2020 By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s monetary policy strategy review may turn contentious at times, given the range of Governing Council members’ perspectives, the review’s broad scope and the possibility...
2 October 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s monetary policy strategy review may turn contentious at times, given the range of Governing Council members’ perspectives, the review’s broad scope and the possibility its outcome...
2 October 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Governing Council member Pablo Hernandez de Cos on Thursday warned of the danger of persistently low inflation and added his voice to the chorus of those favouring a change in the ECB’s inflation objective.
1 October 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Governing Council member Pablo Hernandez de Cos on Thursday emphasised the willingness of the ECB to defend the stability of prices against the backdrop of a strengthening euro.
1 October 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Vice President Luis de Guindos on Thursday hinted that the ECB might have to provide additional monetary accommodation this year in the absence of adequate support from fiscal policies.
1 October 2020
By David Barwick – FRANKFURT (EconoStream) – None of the conditions necessary for implementing negative interest rates is currently satisfied, Bank of England Chief Economist Andy Haldane said Wednesday.
30 September 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank President Christine Lagarde on Wednesday made clear that the inflation target of the ECB is likely to undergo considerable revision as a result of the recently relaunched strategy review.
30 September 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank President Christine Lagarde on Monday assigned some of the blame for a negative near-term inflation outlook to the appreciation of the euro.
28 September 2020
By David Barwick – FRANKFURT (EconoStream) – The appreciation of the euro has undone much of the accommodation of European Central Bank monetary policy, ECB Governing Council member Pablo Hernandez de Cos said on Sunday.
27 September 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday suggested that the ECB might tolerate above-2% inflation without an automatic monetary policy reaction when this would be consistent with pursuing price stability symmetrically.
25 September 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s primary concern is not deflation but rather the possibility of below-target inflation for too long, making a high degree of monetary accommodation necessary, ECB Executive Board member Philip Lane said Thursday.
24 September 2020
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Executive Board member Yves Mersch on Wednesday highlighted the virtues of restraint when speaking of the exchange rate and said that while the ‘statistical’ impact of euro appreciation made close monitoring necessary, this did not represent a strategy change.
23 September 2020
By David Barwick – FRANKFURT (EconoStream) – The cliff effect that would result from removing economic policy support too soon in the current situation could lead to deflation, European Central Bank Governing Council member Yannis Stournaras said Wednesday.
23 September 2020
By David Barwick – FRANKFURT (EconoStream) – The strength of the euro has led to tighter financial conditions and effectively attenuated the measures taken by the European Central Bank during the crisis, ECB Executive Board member Fabio Panetta said Tuesday.
22 September 2020