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Exclusive: Transcript of Econostream’s Interview with German Finance Agency’s Tammo Diemer

- Diemer: Don't have to make changes to auction calendar just because energy prices lower
- Diemer: Inversion of German yield curve has no impact on our issuance activities
- Diemer: Want to be a predictable issuer and want to be an issuer that focuses on auctions
- Diemer: Will do whatever is needed and in our hands to support functioning of Bund market
- Diemer: Need to create additional incentives to attract new investors to green segment

3 April 2023 Central Bank News

ECB’s Stournaras: ‘Definitely Close to the End’ of Hiking

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Sunday said that the ECB was nearly at the end of the hiking cycle.

2 April 2023 Central Bank News

Inflation Could Become More Persistent Due to High Profits, ECB’s Panetta Says

By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank has been paying insufficient attention to increased profits, which could be a driver of persistent inflation, Executive Board member Fabio Panetta said on Sunday.

2 April 2023 Central Bank News

Financial Instability Might Dampen Demand and Sentiment, ECB’s de Guindos Says

By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Vice-President Luis de Guindos said on Saturday that recent financial may lead to a drop in consumer confidence and lower demand.

1 April 2023 Central Bank News

‘Significantly’ Too High Core Inflation Means ECB Still Has ‘Ground to Cover’: Lagarde

By Xavier D’Arcy – FRANKFURT (Econostream) – Core inflation is still significantly too high in the euro area, which means that the European Central Bank still has ground to cover, its President Christine Lagarde said on Friday.

31 March 2023 Central Bank News

ECB’s Villeroy: ‘We May Possibly Still Have a Little Way to Go’ on Rate Hikes

By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank has completed most of its rate hikes, though may possibly still have a little way to go, ECB Governing Council member François Villeroy de Galhau said on Friday.

31 March 2023 Central Bank News

ECB’s Elderson: If Baseline Persists, We Will Have To Hike Interest Rates More

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday confirmed that interest rates would rise further if the ECB’s baseline materialised, but that specifics would hinge on developments up to the day of the decision.

30 March 2023 Central Bank News

Eurozone Inflation Now Principally Demand-Driven, ECB’s Schnabel Says

By Xavier D’Arcy – WASHINGTON, D.C. (Econostream) – Inflation in the euro area is now being driven principally by domestic demand rather than supply-side factors, European Central Bank Executive Board member Isabel Schnabel said on Wednesday.

29 March 2023 Central Bank News

If Financial Instability Turns Out To Be Limited, ECB Will Continue to Hike: Lane

By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane said on Wednesday that if financial stress remained limited, more rate hikes would be necessary to bring down inflation in the Eurozone.

29 March 2023 Central Bank News

ECB Insight: Centeno, Dealt a Stronger Hand, Relishes the Chance To Play It

By David Barwick – FRANKFURT (Econostream) – As if he heard opportunity knocking, European Central Bank Governing Council member Mário Centeno has been doubling down on his expressions of desire to see his peers start applying patience to the setting of monetary policy.

28 March 2023 Central Bank News

ECB Balance Sheet To Shrink and Not Return to Pre-2008 Size, Schnabel Says

By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank should only keep its balance sheet as large as necessary to ensure sufficient liquidity and effectively steer short-term interest rates, Executive Board member Isabel Schnabel said on Monday.