By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Sunday said that the ‘path of normalisation’ of ECB monetary policy had become clearer and that net asset purchases could end in June or a bit later, with rate hikes only occurring after that.
14 February 2022
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. Updates are made on a periodic basis.
11 February 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s next set of macroeconomic forecasts may project higher rates of inflation than the last set, ECB President Christine Lagarde indicated on Friday.
11 February 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is open-minded about the future development of inflation, in particular in case it turns out that inflation is seen topping 2% beyond the current year, Ana Paula Serra, member of the board of directors of Banco de Portugal, said Friday.
11 February 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that if the nature of inflation developments did not change, that would argue for monetary policy to react.
10 February 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos said on Thursday that the timing of ECB policy moves depended on whether and when the conditions of its forward guidance wpuld be met.
10 February 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that monetary policy normalisation would be gradual so as to mitigate the likelihood of making a mistake by deciding prematurely.
10 February 2022
By David Barwick – FRANKFURT (Econostream) – Given the current state of uncertainty, it is advisable that monetary policy be normalised in gradual steps, European Central Bank Governing Council member Olli Rehn said Thursday.
10 February 2022
By David Barwick – FRANKFURT (Econostream) – Inflation above 2% cannot be temporary enough, European Central Bank Governing Council member Mario Centeno said Thursday.
10 February 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that the euro area was probably close to the peak of the current inflation spike and would reach it in a few months.
10 February 2022
By David Barwick – FRANKFURT (Econostream) – The period of low borrowing costs should give way to a desirable process of normalisation, European Central Bank Governing Council member Mario Centeno said Wednesday.
9 February 2022
By David Barwick – FRANKFURT (Econostream) – The direction of the European Central Bank’s monetary policy is clear, but it would be wrong to make assumptions about timing, and the pace will be gradual in any case, ECB Governing Council member Pablo Hernández de Cos said Tuesday.
8 February 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will stick to its forward guidance and not hike interest rates before net asset purchases have come to an end, ECB President Christine Lagarde said Monday.
7 February 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will probably start hiking interest rates around the end of this year and then follow with a second increase in the spring of next year, Governing Council member Klaas Knot said Sunday.
7 February 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is unlikely to be ready to start hiking interest rates as soon as July, ECB Governing Council member Mārtiņš Kazāks said Monday.
7 February 2022
The ECB Governing Council has become more hawkish or at least less dovish, as we re-rank two members.
4 February 2022
They Said it - Recent Monetary Policy Comments Made by ECB Governing Council Members
4 February 2022
By David Barwick – FRANKFURT (Econostream) – Inflation will probably remain high for longer than had been anticipated, and risks are to the upside, European Central Bank Governing Council member Peter Kažimír said Friday.
4 February 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that it was apparent that the moment had come to reduce ECB policy support for the economy.
4 February 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday warned of a growing threat that inflation would stay elevated for longer than had been anticipated.
4 February 2022