By David Barwick – FRANKFURT (Econostream) – Germany’s financial system has handled higher borrowing costs well, but a riskier and more uncertain environment underscores the need for a resilient financial sector, the German Bundesbank said on Thursday in releasing its 2023 financial stability review.
23 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that there were lagged effects of monetary policy that had not yet materialised.
23 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that the digital euro would not be a disruptive force in payments.
23 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the monetary policy transmission process was not yet fully completed.
22 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Wednesday said that countering climate and nature-related risks could help central banks achieve price stability.
22 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Wednesday said that the final phase of the process of meeting the ECB’s inflation target would be sluggish.
22 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The outlook for financial stability in the euro area is still fragile in the context of weak growth, high inflation and geopolitical tensions, the European Central Bank said on Wednesday.
22 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that the main impact of the ECB’s restrictive monetary policy stance on inflation would take time to be felt and that its intensity was yet to be seen.
21 November 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Tuesday reiterated that any discussion of looser ECB monetary policy was premature.
21 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that discussion of ECB monetary policy had shifted too fast from focussing on when tightening would end to asking when loosening would start and that the ECB would probably its keep interest rates at current levels for some time.
21 November 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said that financial stability risks warranted the involvement of central banks in mitigating climate change.
21 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday said that the process of getting inflation to the ECB's price stability target would be slower from now on.
21 November 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Monday warned that market expectations of policy easing could wind up leading to further tightening.
20 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – After declining significantly in October, German inflation should hover close to its present level over the near term, the German Bundesbank said on Monday in its latest monthly report.
20 November 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 26 October, but earlier comments can still be seen in versions up to that of 25 October .
20 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that countries needed to pursue deeper and lasting trading relationships to achieve a better economic integration.
20 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Friday said that the only reason to maintain the practice of reinvestments under the pandemic emergency purchase program (PEPP) was because the ECB had once committed to this, but that it was now necessary to consider the matter anew.
17 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said the current inflation figures in Europe and in France showed that the ECB’s monetary policy decisions had been appropriate.
17 November 2023 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that the ECB had to keep monetary policy tight until price stability was achieved.
17 November 2023 Central Bank News
- Holzmann: Don’t want markets to think there won’t be another rate hike
- Holzmann: Hope rate hikes over, but ‘also ready to step on the brakes again’