By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Saturday reiterated that the ECB was close to but had not yet reached the end of the hiking cycle.
24 April 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Monday said that second-round inflation effects were visible and that a pause in ECB tightening would require that wages, core inflation and headline inflation subside.
24 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – There may be a need for further European Central Bank rate hikes, but these should be limited in number and in size, Governing Council member François Villeroy de Galhau said on Monday.
24 April 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Monday said that the ECB had already significantly tightened its monetary policy but could not yet contemplate pausing in the hiking cycle.
24 April 2023
By David Barwick – FRANKFURT (Econostream) – The risk of an over-tightening of European Central Bank monetary policy is at least as great as the risk of under-tightening, ECB Governing Council member Ignazio Visco said on Thursday.
20 April 2023
By Xavier D’Arcy – LJUBLJANA (Econostream) – The European Central Bank needs to bring inflation down sooner rather than later to avoid unnecessary economic hardship, ECB Governing Council member Boris Vujčić said on Thursday.
20 April 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that the size of the ECB’s expected rate hike next month – 25 or 50 basis points - would depend on the newest inflation data available then.
20 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is projecting both significant growth and substantial disinflation because the projected paths for output, consumption and investment remain well below the pre-pandemic trends, ECB Chief Economist Philip Lane said on Wednesday.
19 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The fragmentation of the global economy into two blocs between the US and China may impact supply elasticity and price stability, European Central Bank President Christine Lagarde said on Monday.
17 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Monday that he expected core inflation in the Eurozone to peak before the summer.
17 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Monetary policymakers have a narrow path to navigate in order to engineer a soft landing, European Central Bank President Christine Lagarde said on Sunday.
16 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank cannot pause at its May meeting and should hike its key interest rates by either 25bp or 50bp, Governing Council member Gediminas Šimkus said on Sunday.
16 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The only realistic options for the European Central Bank at its upcoming meeting are to hike by 25bp or to pause, Governing Council member Mário Centeno said on Saturday.
15 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank has covered most of the ground it needs to in the fight against inflation, Governing Council member François Villeroy de Galhau said on Saturday.
15 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said on Friday that historically high wage growth in the Eurozone would support core inflation in the coming years.
14 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank’s fight against inflation is not even mostly done yet and more rate increases are required, ECB Governing Council member Joachim Nagel said on Friday.
14 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Thursday that market expectations of a further 75bp of ECB tightening were reasonable, and laid out the conditions which might lead to the ECB hiking by 50bp in May.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco called on Thursday for euro area monetary policymakers to be cautious about the speed and size of the ECB’s next rate decisions.
13 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The choice between hiking by 25bp or 50bp in May will be a close call for the European Central Bank, Governing Council member Boris Vujčić said on Friday.
14 April 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank needs to keep raising rates, given persistent underlying inflation in the Eurozone, and could hike in May by either 25bp or 50bp, Governing Council member Boštjan Vasle said on Thursday.
13 April 2023