By David Barwick – FRANKFURT (EconoStream) – The UK economy is coming back ‘sooner and faster’ than the Bank of England had anticipated, BOE Chief Economist Andy Haldane said Tuesday.
30 June 2020 Central Bank News
By David Barwick – PARIS (EconoStream) – The latest growth forecasts of the International Monetary Fund are unduly gloomy with respect to Europe, European Central Bank Governing Council member François Villeroy de Galhau said Monday.
29 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Executive Board member Isabel Schnabel on Saturday painted a bleak picture with respect to the outlook for growth and inflation in the aftermath of the pandemic.
27 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank has not yet so much as begun considering expanding its asset purchases to encompass equities, Governing Council member Robert Holzmann said on Friday.
26 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – Were financial market tensions to dissipate sufficiently, the European Central Bank would not need to deploy the full scope of its pandemic emergency purchase programme (PEPP), ECB Executive Board member Yves Mersch said Thursday.
25 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The economy is going to require considerable policy support for quite a while, European Central Bank Governing Council member Klaas Knot said Thursday.
25 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – It is essential that the financial dimension of the current economic crisis be kept limited, European Central Bank Governing Council member Pablo Hernandez de Cos said on Wednesday.
24 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s decisions of the past several months would give substantial boosts over the medium term to growth and inflation, ECB Executive Board member Philip Lane said Tuesday.
24 June 2020 Central Bank News
23rd June 2020 The ECB Weekly Financial Statement released today shows that the ECB received redemptions for the PEPP programme for the 3rd week running. The amounts are still low (just €0.6bn). The PSPP had larger redemptions at €6.3bn, meaning that...
23 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The economic recovery is subject to extreme uncertainty and substantial downside risks, European Central Bank Vice President Luis de Guindos said Monday.
22 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s decisions are driven by its price stability mandate and it currently has to counter deflationary tendencies, ECB Vice President Luis de Guindos said Monday.
22 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – European Central Bank Governing Council member Jens Weidmann said on Monday that he agreed with ECB President Christine Lagarde that there are no limits to monetary authorities’ commitment to the euro.
22 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The economy has bottomed out and is in the process of gradually recovering, European Central Bank Governing Council member Jens Weidmann said on Sunday.
21 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – Central bank actions are likely to prevent the economic crisis from morphing into a financial crisis, European Central Bank Governing Council member Olli Rehn said on Tuesday.
16 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank did not have a sufficiently clear picture ahead to deploy more of its firepower than it did at the June 4 meeting of the Governing Council, ECB Executive Board member Fabio Panetta said on Tuesday.
16 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is in principle always willing to make further adjustments to its pandemic emergency purchase programme (PEPP), ECB Vice President Luis de Guindos said Sunday.
14 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The measures taken by the European Central Bank in response to the pandemic’s economic fallout have averted tail risks in financial markets, ECB President Christine Lagarde said Saturday.
13 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The likelihood of deflation occurring in the euro area has risen, seen from a model-based perspective, European Central Bank Governing Council member Pablo Hernandez de Cos said on Friday.
12 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s mandate to ensure price stability compelled its decision last week to adjust the parameters of the pandemic emergency purchase programme (PEPP), ECB Executive Board member Fabio Panetta said Friday.
12 June 2020 Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is prepared to adjust its key policy rate or any other of its instruments if circumstances warrant, ECB Executive Board member Philip Lane said Thursday.
11 June 2020 Central Bank News