By Isabel Teles – FRANKFURT (Econostream) – Two sources of wage data released this week sent mixed signals, but an expert responsible for an indicator of high importance to European Central Bank monetary policy has assured Econostream that on balance, the deceleration of wages was broad-based and set to continue.
22 February 2024
By David Barwick – BRUSSELS (Econostream) - Following is the transcript of a brief chat that took place on 8 February 2024 between Econostream and Pierre Wunsch, Governor of the National Bank of Belgium and member of the Governing Council of the European Central Bank, following the latter’s presentation at a public event we reported on at the time.
12 February 2024
By David Barwick – BRUSSELS (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Thursday said that while an argument could be made for deferring monetary policy easing until more data became available, the risks of deciding not to continue to wait were also not great.
12 February 2024
By David Barwick – VIENNA (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Wednesday said that the likelihood of ECB policy easing would grow as the year 2024 progressed and in particular following the month of April.
17 January 2024
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 15 January with Constantinos Herodotou, Governor of the Central Bank of Cyprus and member of the Governing Council of the European Central Bank:
15 January 2024
By David Barwick – FRANKFURT (Econostream) – It is too soon to contemplate monetary policy easing or even the potential pace at which such easing might eventually take place, according to European Central Bank Governing Council member Constantinos Herodotou.
15 January 2024
By Isabel Teles – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 5 January 2024 with Mário Centeno, Governor of Banco de Portugal and member of the Governing Council of the European Central Bank.
9 January 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank won’t have to wait until May in order to make coming policy decisions, according to ECB Governing Council member Mário Centeno.
9 January 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s Governing Council is likely to renew at its December monetary policy meeting the discussion of how to reduce the size of the ECB’s balance sheet further, in the view of a Eurosystem insider who spoke to Econostream recently.
30 November 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s next interest rate move is likelier to be a cut than a hike, but it is unreasonable to expect the easing to come soon, in the view of a Eurosystem insider who spoke to Econostream recently.
27 November 2023
By David Barwick – RIGA (Econostream) – Following is the full transcript of the interview conducted by Econostream on 8 November with Mārtiņš Kazāks, Governor of Latvijas Banka and member of the Governing Council of the European Central Bank:
13 November 2023
By David Barwick – RIGA (Econostream) – It is not yet clear that euro area wage growth has peaked, and there remains a danger that large increases in worker pay could further fuel inflation, European Central Bank Governing Council member Mārtiņš Kazāks said Wednesday.
13 November 2023
By David Barwick – MARRAKECH, Morocco (Econostream) - Following is the full transcript of the interview conducted by Econostream on 13 October 2023 with Pierre Wunsch, Governor of the National Bank of Belgium and member of the Governing Council of the European Central Bank.
16 October 2023
By David Barwick – MARRAKECH, Morocco (Econostream) – The European Central Bank is likely to approach with caution any decision to change its approach to the pandemic emergency purchase programme (PEPP), according to ECB Governing Council member Pierre Wunsch.
16 October 2023
By David Barwick – MARRAKECH, Morocco (Econostream) – Rising Italian bond yields due to that country’s higher-than-expected projected budget deficit exemplify the circumstances under which it would be inappropriate for the European Central Bank to deploy its transmission protection instrument (TPI), in the view of a Eurosystem insider who spoke to Econostream recently.
13 October 2023
By David Barwick – MARRAKECH, Morocco (Econostream) – The European Central Bank may not need to increase borrowing costs further, even if the very high uncertainty now prevailing makes it impossible to say yet for sure that no more rate hikes will be needed, ECB Governing Council member Mārtiņš Kazāks said Wednesday.
11 October 2023
By David Barwick – FRANKFURT (Econostream) – The October monetary policy meeting of the European Central Bank’s Governing Council would be a sensible occasion for authorities to start discussing seriously the further reduction of the ECB’s balance sheet, in the view of a Eurosystem insider who spoke to Econostream recently.
26 September 2023
By David Barwick – FRANKFURT (Econostream) – The likelihood that the European Central Bank will or won’t need to hike again is probably closer to being balanced than markets realise, in the view of a Eurosystem insider who spoke to Econostream recently.
25 September 2023
By David Barwick – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 17 July with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
19 July 2023
By David Barwick – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday said that pending a careful examination of all pertinent factors, the ECB might want to consider the possibility early next year of picking up the pace of quantitative tightening with respect to its asset purchase programme (APP).
19 July 2023