By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday said that it was extremely unclear what and when the ECB needed to take monetary policy steps.
8 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will do whatever is needed to prevent inflation from becoming entrenched, ECB Governing Council member Yannis Stournaras said Friday.
8 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Though not yet a foregone conclusion, net asset purchases under the European Central Bank’s asset purchase programme (APP) are probably on track to come to an end in the first month of 3Q, Econostream understands.
7 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Savers may benefit before long from increased interest rates, European Central Bank Governing Council member Joachim Nagel said late Wednesday.
6 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Fabio Panetta on Wednesday recited his most current litany of reasons why monetary policy tightening shouldn’t be necessary, but his opposition seemed to have weakened and his previous downplaying of high inflation to have given way to a less categorical view.
6 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Wage developments in line with inflation or without regard to productivity would exacerbate the danger of a wage-price spiral, according to the Central Bank of Ireland on Wednesday.
6 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that Russian military aggression against Ukraine had not materially affected euro area financial stability.
6 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday ventured an initial guess as to when euro area inflation would cease to mount.
5 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Almost two weeks after our last review of where each European Central Bank Governing Council member stands on rates lift-off in the current year, we take another look to see whether our informal impression that support for this has been growing stands up to inspection. It does.
5 April 2022 | Central Bank News
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.
4 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The ‘gradualism’ that the European Central Bank has been tirelessly emphasising of late would characterise its approach to monetary policy will find itself cast overboard if incoming data so dictate, Econostream understands.
4 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Monday spoke out in favour of eliminating negative official borrowing costs by the end of 2022.
4 April 2022 | Central Bank News
By David Barwick – BOLOGNA, Italy (Econostream) – The official baseline macroeconomic scenario of the European Central Bank is no longer valid and indeed the current outlook is more akin to the severe alternative scenario issued with the updated staff projections last month, Governing Council member Robert Holzmann said late Thursday.
1 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The latest baseline scenario of the European Central Bank, updated at the Governing Council monetary policy meeting last month, was never really valid, and policymakers increasingly see the euro area economy as being in one of the less optimistic scenarios the ECB presented at the time, Econostream understands.
1 April 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – After having conceded explicitly on Tuesday that, while no given, a first rate hike in 2022 was at least possible, European Central Bank Executive Board member Philip Lane on Thursday appeared to endorse more generally the gradual normalisation of monetary policy.
31 March 2022 | Central Bank News
By David Barwick – PARIS (Econostream) – The European Central Bank’s monetary policy can be gradually normalised so as to reach a more neutral policy stance, Executive Board member Philip Lane said Thursday.
31 March 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday reiterated key points pertaining to monetary policy and the economic outlook.
30 March 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Wednesday expressed concern about high rates of inflation and said that the ECB would take all warranted steps in pursuit of price stability.
30 March 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Rate hikes by the European Central Bank in September and December of this year would be in line with what the ECB has stated, Governing Council member Robert Holzmann said on Wednesday.
30 March 2022 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Under normal circumstances, one month’s HICP even for the entire Eurozone, let alone for any individual economy, would have few implications for the European Central Bank’s monetary policy.
30 March 2022 | Central Bank News