By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on June 28 with Pablo de Ramón-Laca Clausen, General Director of the Tesoro and Financial Policy, Spain’s sovereign debt issuer:
1 July 2022
EXCLUSIVE: Spain DMO Head: ‘Well enough advanced in our programme that we don’t need a fourth syndication’
1 July 2022
EXCLUSIVE: Spain DMO Head: ‘No one disputes that the Eurosystem needs to hike interest rates’
1 July 2022
- Kazāks: ‘Fair case to discuss whether 25 basis points in July are still appropriate’
28 June 2022
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on June 27 with Mārtiņš Kazāks, Governor of Latvijas Banka and member of the Governing Council of the European Central Bank:
28 June 2022
- ECB insider: Would be good to have an anti-fragmentation tool, but there are also risks to this
15 June 2022
- ECB insider: ‘There are views that we need to start more general discussions’ about QT
13 June 2022
- ECB insider: ‘One day we will approach’ topic of neutral rate, but now dealing with hiking
13 June 2022
- ECB insider: ‘Very high probability it’s going to be 25 basis points’ in July
10 June 2022
- ECB insider: Gradualism is ‘a relative concept’, not an automatic objection to 50 bps
6 June 2022
- ECB insider: ‘This is a war that is already lost’
30 May 2022
- ECB insider: We stand ready to react flexibly to fragmentation; ‘forget about specific tools’
27 May 2022
- ECB insider: Must see other jurisdictions’ QT experience, so ECB hawks not yet pushing the issue
26 May 2022
By David Barwick – FRANKFURT (Econostream) – Theory prescribes no precise corridor width between the key interest rates of the European Central Bank, in the view of an ECB insider who felt that a desire to calibrate that spread was less likely to drive the magnitude of any rate moves in the earlier phase of policy normalisation.
20 May 2022
- Holzmann: One purchase programme still there, scheduled to end in July
29 April 2022
- ECB insider: Higher depreciation of euro can affect HICP projection at end of horizon
28 April 2022
By David Barwick – FRANKFURT (Econostream) – As the debate about rates lift-off by the European Central Bank enters a phase of greater urgency, the date of a first hike is not the only issue about which ECB Governing Council members will have to come to consensus.
21 April 2022
By David Barwick – FRANKFURT (Econostream) – Although European Central Bank President Christine Lagarde is likely to be reticent on Thursday about the programme the Eurotower is working on to keep sovereign spreads in check, the facility may face a rocky road when it comes to internal approval, Econostream understands.
13 April 2022
By David Barwick – FRANKFURT (Econostream) – Though not yet a foregone conclusion, net asset purchases under the European Central Bank’s asset purchase programme (APP) are probably on track to come to an end in the first month of 3Q, Econostream understands.
7 April 2022
By David Barwick – FRANKFURT (Econostream) – The ‘gradualism’ that the European Central Bank has been tirelessly emphasising of late would characterise its approach to monetary policy will find itself cast overboard if incoming data so dictate, Econostream understands.
4 April 2022