By David Barwick – FRANKFURT (EconoStream) – The European Central Bank did not have a sufficiently clear picture ahead to deploy more of its firepower than it did at the June 4 meeting of the Governing Council, ECB Executive Board member Fabio Panetta said on Tuesday.
16 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is in principle always willing to make further adjustments to its pandemic emergency purchase programme (PEPP), ECB Vice President Luis de Guindos said Sunday.
14 June 2020
By David Barwick – FRANKFURT (EconoStream) – The measures taken by the European Central Bank in response to the pandemic’s economic fallout have averted tail risks in financial markets, ECB President Christine Lagarde said Saturday.
13 June 2020
By David Barwick – FRANKFURT (EconoStream) – The likelihood of deflation occurring in the euro area has risen, seen from a model-based perspective, European Central Bank Governing Council member Pablo Hernandez de Cos said on Friday.
12 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s mandate to ensure price stability compelled its decision last week to adjust the parameters of the pandemic emergency purchase programme (PEPP), ECB Executive Board member Fabio Panetta said Friday.
12 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is prepared to adjust its key policy rate or any other of its instruments if circumstances warrant, ECB Executive Board member Philip Lane said Thursday.
11 June 2020
By David Barwick – FRANKFURT (EconoStream) – The risk of a downward price spiral can’t be ruled out, European Central Bank Governing Council member Ignazio Visco said on Wednesday.
10 June 2020
By David Barwick – FRANKFURT (EconoStream) – The risks to medium-term financial stability have clearly grown and relate chiefly to bank profitability and public debt in the context of weak growth, European Central Bank Vice President Luis de Guindos said Wednesday.
10 June 2020
10th June 2020 By David Barwick – FRANKFURT (EconoStream) – The European Central Bank sees well over €1 trillion in demand for its targeted lending operations, ECB Executive Board member Isabel Schnabel said Wednesday. In remarks made at an online seminar...
10 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank considers a further cut in interest rates to be an option for the future, even if asset purchases are its tool of choice for now, ECB Executive Board member Isabel Schnabel said Tuesday.
9 June 2020
By David Barwick – FRANKFURT (EconoStream) – The risk of the pandemic’s economic fallout becoming a financial crisis has diminished substantially thanks to the policy decisions of the European Central Bank in March, ECB President Christine Lagarde said Monday.
8 June 2020
By David Barwick – FRANKFURT (EconoStream) – The suspension of economic activity in response to the pandemic has led to a resurfacing of deflationary pressures, according to European Central Bank Executive Board member Fabio Panetta.
6 June 2020
By David Barwick – FRANKFURT (EconoStream) – The economy is very likely by the end of 2022 to be back where it was before the pandemic, European Central Bank’s Governing Council President Christine Lagarde said Friday.
5 June 2020
By David Barwick – FRANKFURT (EconoStream) – The monetary policy decisions taken Thursday by the European Central Bank were motivated by risks to price stability and the fragility of financial markets, according to ECB Executive Board member Philip Lane on Friday.
5 June 2020
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s Governing Council felt unanimously at its latest meeting that the situation called for renewed policy action, with the key outcome of its deliberations backed by broad consensus, ECB President Christine Lagarde said Thursday.
4 June 2020
By David Barwick – FRANKFURT (EconoStream) – The Bank of England would be well advised in the current environment to prefer the risk of too much easing over the risk of too little monetary accommodation, Michael Saunders, member of the BOE’s Monetary Policy Committee, said on Thursday.
28 May 2020
By David Barwick – FRANKFURT (EconoStream) – The consequences of shutting down the U.S. economy for too long would be worse outcomes not only in economic terms, but also with respect to public health, St. Louis Fed President James Bullard said Wednesday.
27 May 2020
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