By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane on Tuesday left open the question of whether the ECB Governing Council would hike rates by 75bp or 50bp in December, but warned of a second inflationary wave.
6 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that this month’s monetary policy meeting of the ECB was likely to see euro area official interest rates reach neutrality at approximately 2%.
5 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Monday said that the ECB should hike interest rates this month by at least 50bp.
5 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Sunday said it was clear that the ECB had to continue to raise official borrowing costs.
4 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Sunday suggested that he would favour a December rate hike by the ECB of 50bp.
4 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that financial markets would be able to deal with the passive roll-off as of next quarter of assets acquired under the ECB’s Asset Purchase Programme (APP).
2 December 2022
By David Barwick – FRANKFURT (Econostream) – To the updated version published one week ago of recent public comments by European Central Bank Governing Council members touching on the subject of quantitative tightening, we have added remarks made in the meanwhile.
2 December 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank's effort to reduce the size of its balance sheet would be 'predictable and gradual', ECB Governing Council member Edward Scicluna said Friday.
2 December 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday came out in favour of making any more ECB rate hikes ‘gradual’.
1 December 2022
By David Barwick – FRANKFURT (Econostream) – It cannot be stated at this point how far the European Central Bank will have to increase interest rates to restore price stability, ECB Governing Council member Pablo Hernández de Cos said Tuesday.
29 November 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday reiterated the importance of not letting up in monetary policy’s effort to restore price stability.
28 November 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the terminal rate of the ECB's hiking cycle would depend on the outlook, how long shocks are felt, how key variables respond and the effectiveness of ECB monetary policy.
28 November 2022
By David Barwick – FRANKFURT (Econostream) – The euro area could enter recession this winter, but the European Central Bank is likely to continue hiking official interest rates, ECB Governing Council member Olli Rehn reiterated on Monday.
28 November 2022
By David Barwick – FRANKFURT (Econostream) – The global economy is facing an increased risk of contraction, with risks to growth pointing downwards and those to inflation up, European Central Bank Governing Council member Pablo Hernández de Cos said Monday.
28 November 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Sunday said that interest rates would have to continue rising even after a hike next month.
27 November 2022
They Said It: Recent ECB Policymaker Comments on Quantitative Tightening
25 November 2022
By David Barwick – FRANKFURT (Econostream) – Days after repeating his warning that the economic cost of monetary policy inaction in the face of high inflation would be greater than the cost of higher interest rates, European Central Bank Governing Council member Mario Centeno on Thursday suggested that neither does he want much policy action.
24 November 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that official interest rates would exceed neutrality and that the Council would next month discuss the reduction in 2023 of the ECB’s balance sheet.
24 November 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that financial markets around the world were susceptible to disruptions in the wake of global monetary policy tightening.
24 November 2022
By David Barwick – FRANKFURT (Econostream) – Double-digit inflation could persist in Germany into next year, the German Bundesbank said on Wednesday in its latest monthly report.
23 November 2022