Central Bank


ECB Meeting Account Shows Desire to Pre-empt Loss of Confidence

ECB Meeting Account Shows Desire to Pre-empt Loss of Confidence

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
ECB’s Lagarde: No Psychological Obstacle to Stocking Up PEPP

ECB’s Lagarde: No Psychological Obstacle to Stocking Up PEPP

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
ECB’s Lane: ECB Analysing the Situation; June Meet Still 3 Weeks Off

ECB’s Lane: ECB Analysing the Situation; June Meet Still 3 Weeks Off

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
ECB’s Schnabel:  Spreads Can Signal Fragmentation; ECB to Counter

ECB’s Schnabel: Spreads Can Signal Fragmentation; ECB to Counter

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
ECB’s de Guindos, Schnabel:  Can Extend or Modify Collateral Steps

ECB’s de Guindos, Schnabel: Can Extend or Modify Collateral Steps

By David Barwick – FRANKFURT (EconoStream) – The European Central Bank could keep its relaxed collateral rules in place longer than currently planned or modify these, according to the situation, ECB Vice President Luis de Guindos and Executive Board member Isabel Schnabel said Wednesday.

23 April 2020
ECB Temporarily Eases Collateral Rules to Cushion Rating Downgrades

ECB Temporarily Eases Collateral Rules to Cushion Rating Downgrades

By David Barwick – FRANKFURT (EconoStream) – The European Central Bank on Wednesday decided on a series of temporary measures to cushion the impact on collateral eligibility of possible rating downgrades in the aftermath of the pandemic, according to a statement published on the ECB’s website.

22 April 2020