By David Barwick – FRANKFURT (EconoStream) – The euro area remains in an unstable situation, implying that the European Central Bank must continue to act forcefully, ECB Executive Board member Isabel Schnabel said Wednesday.
27 May 2020
By David Barwick – PARIS (EconoStream) – The economic fallout from the pandemic could warrant an extension of the European Central Bank’s asset purchases, ECB Governing Council member François Villeroy de Galhau said Tuesday.
26 May 2020
By David Barwick – FRANKFURT (EconoStream) – While the European Central Bank’s measures to counter the economic fallout from the pandemic have worked well, one mustn’t lose sight of the fact that the crisis is ongoing and that it is thus not yet appropriate to relax, according to ECB Executive Board member Isabel Schnabel.
25 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s review of its monetary policy strategy, delayed by the pandemic, nonetheless continues to be of high priority for the bank, ECB Executive Board member Philip Lane said Friday.
22 May 2020
By David Barwick – FRANKFURT (EconoStream) – The account of the European Central Bank’s meeting of 29-30 April, released by the ECB on Friday, showed members of the Governing Council to be keen on preserving financial market confidence, potentially by pre-emptive policy action.
22 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank must ensure that its policy wards off the escalation of tail risks from pro-cyclical mechanisms, ECB Executive Board member Philip Lane said Tuesday.
19 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank faces “no psychological obstacle” to increasing the size of its €750-billion Pandemic Emergency Purchase Programme (PEPP), ECB President Christine Lagarde said on Monday.
18 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is in the process of evaluating the situation with respect to its policy stance and the potential need to do more at the meeting to take place in June, ECB Executive Board member Philip Lane on Monday.
18 May 2020
By David Barwick – PARIS (EconoStream) – The European Central Bank has acted and will act very strongly, but its policy needs to be reinforced by other policy areas, ECB Governing Council member François Villeroy de Galhau said Friday.
15 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank will do what it takes to avert the threat of disinflation or deflation, ECB Executive Board member Fabio Panetta said Thursday.
14 May 2020
By David Barwick – FRANKFURT (EconoStream) – The economic response seen to the fallout from the pandemic so far may not be the end, Jerome Powell, Chair of the Federal Reserve said Wednesday.
13 May 2020
By David Barwick – FRANKFURT (EconoStream) – The Eurozone economy has reached a trough and will pick up in the summer months, according to European Central Bank Executive Board member Philip Lane on Tuesday.
12 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is determined to counter fragmentation in the Eurozone and considers its Pandemic Emergency Purchase Programme (PEPP) ideally suited to the task, ECB Executive Board member Isabel Schnabel said Monday.
11 May 2020
By David Barwick – FRANKFURT (EconoStream) – The economic fallout from the coronavirus pandemic is becoming more and more severe, European Central Bank President Christine Lagarde said Friday.
8 May 2020
By David Barwick – PARIS (EconoStream) – The European Central Bank will probably have to do more to support a return to price stability, ECB Governing Council member François Villeroy de Galhau said Wednesday.
6 May 2020
By David Barwick – FRANKFURT (EconoStream) – Notwithstanding the current need for monetary policy support, the European Central Bank shouldn’t forget about the need to exit, ECB Governing Council member Jens Weidmann said on Tuesday.
5 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s exit from its non-standard monetary policy measures is likely to be subject to a very long deferral, Governing Council member Robert Holzmann said on Saturday.
2 May 2020
By David Barwick – FRANKFURT (EconoStream) – It is a “basic task” of the European Central Bank to ward off the destabilising threat that spreads can pose, according to ECB Executive Board member Philip Lane on Friday.
1 May 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank will deploy its policy tools to the benefit of any country in need, ECB President Christine Lagarde said Thursday.
30 April 2020