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ECB’s Schnabel:  This Crisis Isn’t Over; We Can’t Lay Back and Relax

ECB’s Schnabel: This Crisis Isn’t Over; We Can’t Lay Back and Relax

By David Barwick – FRANKFURT (EconoStream) – While the European Central Bank’s measures to counter the economic fallout from the pandemic have worked well, one mustn’t lose sight of the fact that the crisis is ongoing and that it is thus not yet appropriate to relax, according to ECB Executive Board member Isabel Schnabel.

25 May 2020 Central Bank News
ECB’s Lane: ECB Strategy Review Delayed, But Still High Priority

ECB’s Lane: ECB Strategy Review Delayed, But Still High Priority

By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s review of its monetary policy strategy, delayed by the pandemic, nonetheless continues to be of high priority for the bank, ECB Executive Board member Philip Lane said Friday.

22 May 2020 Central Bank News
ECB Meeting Account Shows Desire to Pre-empt Loss of Confidence

ECB Meeting Account Shows Desire to Pre-empt Loss of Confidence

By David Barwick – FRANKFURT (EconoStream) – The account of the European Central Bank’s meeting of 29-30 April, released by the ECB on Friday, showed members of the Governing Council to be keen on preserving financial market confidence, potentially by pre-emptive policy action.

22 May 2020 Central Bank News
ECB’s Lagarde: No Psychological Obstacle to Stocking Up PEPP

ECB’s Lagarde: No Psychological Obstacle to Stocking Up PEPP

By David Barwick – FRANKFURT (EconoStream) – The European Central Bank faces “no psychological obstacle” to increasing the size of its €750-billion Pandemic Emergency Purchase Programme (PEPP), ECB President Christine Lagarde said on Monday.

18 May 2020 Central Bank News
ECB’s Lane: ECB Analysing the Situation; June Meet Still 3 Weeks Off

ECB’s Lane: ECB Analysing the Situation; June Meet Still 3 Weeks Off

By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is in the process of evaluating the situation with respect to its policy stance and the potential need to do more at the meeting to take place in June, ECB Executive Board member Philip Lane on Monday.

18 May 2020 Central Bank News
ECB’s Schnabel:  Spreads Can Signal Fragmentation; ECB to Counter

ECB’s Schnabel: Spreads Can Signal Fragmentation; ECB to Counter

By David Barwick – FRANKFURT (EconoStream) – The European Central Bank is determined to counter fragmentation in the Eurozone and considers its Pandemic Emergency Purchase Programme (PEPP) ideally suited to the task, ECB Executive Board member Isabel Schnabel said Monday.

11 May 2020 Central Bank News
ECB’s Lagarde: Costs of Crisis Continuing to Rise

ECB’s Lagarde: Costs of Crisis Continuing to Rise

By David Barwick – FRANKFURT (EconoStream) – The economic fallout from the coronavirus pandemic is becoming more and more severe, European Central Bank President Christine Lagarde said Friday.

8 May 2020 Central Bank News
ECB’s Villeroy: ECB Will Probably Have to Go Yet Further

ECB’s Villeroy: ECB Will Probably Have to Go Yet Further

By David Barwick – PARIS (EconoStream) – The European Central Bank will probably have to do more to support a return to price stability, ECB Governing Council member François Villeroy de Galhau said Wednesday.

6 May 2020 Central Bank News