By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is close to the peak of its hiking cycle, which could be reached in either June or July, depending on economic conditions, ECB Governing Council member Mário Centeno said on Wednesday.
10 May 2023
By David Barwick – FRANKFURT (Econostream) – Were high inflation to prove yet stickier at the level of the euro area, that would make additional monetary tightening even likelier, European Central Bank Governing Council member Pablo Hernández de Cos said Wednesday.
10 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde warned on Wednesday of upside risks to the inflation outlook in the euro area.
10 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank still has more work to do to bring inflation back to target and does not expect to stop hiking in the immediate future, Executive Board member Isabel Schnabel said on Tuesday.
9 May 2023
By David Barwick – FRANKFURT (Econostream) – The following is an overview of key recent comments made by European Central Bank Governing Council members with respect to monetary policy. We include only comments made since the Governing Council meeting of 4 May, since which many Council members have not yet spoken publicly.
9 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is not finished yet and is committed to further rate hikes, Governing Council member Joachim Nagel said on Tuesday.
9 May 2023
By David Barwick – FRANKFURT (Econostream) – The European Central needs to continue tightening monetary policy in the coming months, Governing Council member Mārtiņš Kazāks said Tuesday.
9 May 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will have to continue to hike interest rates at each of the next two Governing Council monetary policy meetings if not beyond, Council member Peter Kažimír said Tuesday.
9 May 2023
By Xavier D’Arcy – BERLIN (Econostream) – European Central Bank Executive Board member Philip Lane said on Tuesday that he expected core inflation to come down soon, but that this could be a misleading signal.
9 May 2023
By Xavier D’Arcy – BERLIN (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that there was still momentum in core and food inflation in the Eurozone.
8 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) - The European Central Bank needs to continue raising rates until underlying inflation pressures in the Eurozone have abated, Governing Council member Klaas Knot said on Sunday.
7 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank should proceed in its fight against inflation with caution, ECB Governing Council member Ignazio Visco said on Friday.
5 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is likely to undertake further rate hikes at its upcoming meetings, ECB Governing Council member François Villeroy de Galhau said on Friday.
5 May 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank’s latest quarterly Bank Lending Survey, released on Tuesday, showed another strong decline in demand for credit and a significant tightening of financing conditions.
2 May 2023
By David Barwick – FRANKFURT (Econostream) – The global banking system confronts many challenges that argue against relaxing the regulatory framework, European Central Bank Governing Council member Pablo Hernández de Cos said Friday.
28 April 2023
By David Barwick – FRANKFURT (Econostream) – Available data make it appropriate that the European Central Bank Governing Council hike rates at its policy meeting next week, Executive Board member Philip Lane said Tuesday.
25 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco said on Tuesday that excess demand was not a key driver of inflation in the euro area, despite the unexpected strength of the economy.
25 April 2023
By Xavier D’Arcy and David Barwick – FRANKFURT (Econostream) – The European Central Bank’s May policy decision will depend on data now showing inflation to be higher and the economy stronger than expected, but also likely to confirm a further slowdown of lending, according to ECB Executive Board member Isabel Schnabel on Monday.
24 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – A reversal in the dynamics of inflation in Germany is not yet in sight, despite falling headline numbers and easing producer prices, the Bundesbank said on Monday.
24 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Geopolitical developments could reverse the fall of the natural rate of interest, permanently driving up key interest rates across the globe, European Central Bank Executive Board member Fabio Panetta said on Monday.
24 April 2023