By David Barwick – FRANKFURT (Econostream) – Disinflation in the euro area is so far proceeding as expected, but core inflation leaves room for doubts about the speed with which this will occur, European Central Bank Governing Council member Boris Vujčić said Monday.
5 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco said on Saturday that he agreed with the current monetary policy stance but would have preferred a more gradual series of rate hikes.
3 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Fabio Panetta on Friday weighed in, as he is wont to at carefully chosen intervals, on the state of ECB monetary policy.
2 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Fabio Panetta on Friday said that the ECB was not far from hitting the terminal rate, even if this could not yet be predicted.
2 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank is likely to hike its key interest rates both in June and July, but the picture beyond the summer is a lot less clear, Governing Council member Gabriel Makhlouf said on Friday.
2 June 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 4 May.
1 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that financial markets would probably need to modify their rate cut expectations for 2024.
1 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank has completed most of its tightening journey, but still has to complete the last stretch, Vice President Luis de Guindos said on Thursday.
1 June 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is not yet finished hiking interest rates, ECB Governing Council member Olli Rehn said on Thursday.
1 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The composition of the European Central Bank’s Governing Council is set for a change by the end of 2023, with one influential policymaker’s term expiring and question marks over the future of three more members.
1 June 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco called for a gradual approach to monetary tightening on Wednesday, saying that interest rates were already in restrictive territory.
31 May 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – Recent rate hikes could reveal pockets of financial instability in the Eurozone, the European Central Bank said on Wednesday.
31 May 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos said on Wednesday that the latest data showed that inflation was moving in the right direction.
31 May 2023 Central Bank News
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank can stop raising its key interest rates in a couple of months if data continue to point to strong disinflationary tendencies, Governing Council member Mário Centeno said on Wednesday.
31 May 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 4 May.
30 May 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is likely to hike rates by 25bp in June and July, after which the outlook is less certain, according to ECB Governing Council member Gediminas Šimkus.
30 May 2023 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s monetary policy is not yet done, even if it is now closer to ending, ECB Governing Council member Pablo Hernández de Cos said Monday.
29 May 2023 Central Bank News
By David Barwick – DUBROVNIK, Croatia (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Saturday suggested that whilst the ECB was not yet done tightening monetary policy, it was probably near the end of the hiking cycle.
27 May 2023 Central Bank News
By David Barwick – DUBROVNIK, Croatia (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Saturday warned that continued expansive fiscal policy would require a larger reaction from monetary policy.
27 May 2023 Central Bank News
By David Barwick – DUBROVNIK, Croatia (Econostream) – European Central Bank Executive Board member Philip Lane on Friday said that the food and services sectors would start putting less upward pressure on euro area inflation later in 2023.
26 May 2023 Central Bank News