By David Barwick – FRANKFURT (Econostream) – The current shortage of semiconductors can’t be clearly said to have had price effects yet, but these could develop with a significant time lag, the European Central Bank said on Thursday.
24 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Maintaining favourable financing conditions is an essential part of ensuring the recovery and restoring price stability, the European Central Bank said on Thursday, reiterating the introductory statement of June 10.
24 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – When monetary policy is up against the lower bound, fiscal policy is called on to avoid a self-fulfilling low-inflation trap, according to a research bulletin published Thursday by the European Central Bank.
24 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos, assessing the economic recovery on Wednesday, struck perhaps the most positive tone heard to date from the ECB Executive Board.
23 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on June 18 with Markus Stix, Managing Director in charge of markets at the Austrian Treasury:
23 June 2021 Central Bank News
- New Forecasts of Austrian Institute of Economic Research to be Relevant for Syndication Plans
- 15-Year Tenor One of Many Options, ‘But Also in the 7-Year There is a Gap’
- If Recovery ‘Continues and Intensifies, We Would Not Rule Out Another Update’
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday dismissed robust wage developments as unlikely in an environment of weak job markets.
22 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – A further slowing or even a reversal of globalisation would be unlikely to make an important contribution to restoring euro area price stability, the European Central Bank said on Tuesday.
22 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the ECB would look through the current period of relatively elevated inflation, and that the spillover from much higher US price growth would be limited.
21 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the ECB's negative interest rate policy was a ‘crucial’ part of its policy toolbox.
21 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday reiterated her warning that if unchecked, increasing market rates could cause an unwanted tightening of financing conditions.
21 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Housing prices in the euro area grew at the fastest pace in 13 years during 2020, the European Central Bank said on Monday.
21 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The service sector is expected to drive a strong economic upturn in the current quarter in Germany despite supply constraints, the German Bundesbank said on Monday in its latest monthly bulletin.
21 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Robert Holzmann on Saturday said that monetary policy must act with a steady hand and communicate clearly.
19 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Risks are more balanced, but the outlook remains uncertain and this will make inflation forecasting difficult, European Central Bank Governing Council member Ignazio Visco said Thursday.
17 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – This is a quick take on comments made Thursday by European Central Bank Governing Council member Jens Weidmann, President of the German Bundesbank, in German business daily Handelsblatt:
17 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday said monetary policy needed to stay the course for now and safeguard the economic recovery.
17 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Thursday argued again that the euro area lagged far behind the United States in policy-relevant respects and urged sustained fiscal support.
17 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Thursday played down the significance for the ECB of Wednesday’s unexpectedly hawkish policy guidance from the US Federal Reserve.
17 June 2021 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Thursday indicated that the September Governing Council meeting might be too soon for the ECB to abandon its current ‘steady hand’ and start beating a retreat from its ultra-accommodative policy stance.
17 June 2021 Central Bank News