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ECB’s Schnabel: Tightening of Monetary Policy Would Have to Be Gradual

ECB’s Schnabel: Tightening of Monetary Policy Would Have to Be Gradual

By David Barwick – FRANKFURT (Econostream) – Were the European Central Bank to decide that it was time to undo its expansionary policy measures, the process would have to be gradual enough for everyone to be able to adapt, Executive Board member Isabel Schnabel said on Tuesday.

11 May 2021 Central Bank News
German ZEW Bounces Back in May to 20-Year High

German ZEW Bounces Back in May to 20-Year High

By David Barwick – FRANKFURT (Econostream) – The ZEW German economic sentiment indicator bounced back in May with an increase of 13.7 points to 84.4, the highest level in 20 years, economic research institute ZEW said on Tuesday.

11 May 2021 Central Bank News
ECB’s de Cos: We Don’t See Any Kind of Inflationary Pressures

ECB’s de Cos: We Don’t See Any Kind of Inflationary Pressures

By David Barwick – FRANKFURT (Econostream) – Despite the short-term volatility of inflation in the euro area, there is no inflationary pressure, European Central Bank Governing Council member Pablo Hernández de Cos said Tuesday.

11 May 2021 Central Bank News
ECB’s Villeroy: PEPP Purchases to Continue Until at Least March 2022

ECB’s Villeroy: PEPP Purchases to Continue Until at Least March 2022

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said Tuesday that the ECB’s asset purchases under the pandemic emergency purchase programme (PEPP) would continue until at least next March.

11 May 2021 Central Bank News
ECB Brief: Lane, on a Communications Tightrope, Gingerly Presses On

ECB Brief: Lane, on a Communications Tightrope, Gingerly Presses On

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday tempered the optimism of his previous most recent public comments by a shift in emphasis from the upturn to come to the downturn that was as an argument for maintaining policy support.

10 May 2021 Central Bank News