By David Barwick – FRANKFURT (Econostream) – An improved global economic outlook is contributing to the strength of the euro, European Central Bank Executive Board member Isabel Schnabel said Thursday.
17 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Monetary policy in Europe needed to take action against the recent pandemic-related worsening of inflation prospects, European Central Bank Governing Council member Jens Weidmann said Wednesday.
16 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The pandemic will accelerate the introduction of digital currency, and developments in this regard elsewhere in the world make it imperative that Europe not lag behind, former Eurosystem official John Mourmouras told Econostream on Friday.
16 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s strategy review is likely to yield a dovish outcome but without duplicating the example of the U.S. Federal Reserve, former Eurosystem official John Mourmouras told Econostream on Friday.
16 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The appreciation of the euro may compel the European Central Bank to make a standard monetary policy move by cutting the deposit facility rate in as little as three months, former Eurosystem official John Mourmouras told Econostream on Friday.
15 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank can further increase the amount of money devoted to asset purchases and conduct these for longer than already foreseen, if inflation prospects justify doing so, ECB Executive Board member Fabio Panetta said Monday.
14 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is willing to use any of its monetary policy tools to counter the strength of the euro if the effect on inflation warrants it, Governing Council member François Villeroy de Galhau said Friday.
11 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The risks facing the Eurozone economy are still largely on the downside, but are less threatening than they had been, European Central Bank President Christine Lagarde said Thursday.
10 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The Bank of England may need to act further to support the recovery while containment measures remain in place, Michael Saunders, member of the BOE’s Monetary Policy Committee (MPC), said on Friday.
4 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s role in the current situation is to ensure that financing conditions stay favourable, ECB Executive Board member Philip Lane said on Tuesday.
2 December 2020 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – How long financing conditions remain favourable is more important than additional quantitative monetary stimulus, European Central Bank Executive Board member Isabel Schnabel said Tuesday.
1 December 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – German Bundesbank Vice President Claudia Buch on Sunday warned of a pending increase in corporate insolvencies for which banks and relevant authorities need to be prepared.
29 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The medium-term outlook has brightened thanks to progress towards a medical resolution of the pandemic, but the European Central Bank’s coming recalibration will take into account the fact that inflation is seen remaining low, ECB Vice President Luis de Guindos said Saturday.
28 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The outlook for inflation has worsened as a result of the second wave of the pandemic and the public health policy response, European Central Bank Executive Board member Fabio Panetta said Friday.
27 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The path to economic recovery remains long and subject to risks despite progress with regard to vaccines against Covid-19, European Central Bank Executive Board member Philip Lane said on Thursday.
26 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The euro area economy should experience a durable recovery starting no later than mid-2021, European Central Bank Governing Council member Robert Holzmann suggested on Thursday.
26 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The European Central Bank’s recalibration of its instruments could be relatively straightforward and limited to a simple extension in time, Executive Board member Yves Mersch said on Wednesday.
25 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The recent news regarding a medical solution to the pandemic is ‘light at the end of the tunnel’, European Central Bank Executive Board member Isabel Schnabel said Tuesday.
24 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – The resurgence of the pandemic will probably leave ‘significant’ scarring effects on the economy, European Central Bank Governing Council member Olli Rehn said on Tuesday.
24 November 2020 | Central Bank News
By David Barwick – FRANKFURT (EconoStream) – Recent progress towards a medical resolution of the pandemic is grounds for hope, European Central Bank Governing Council member Ignazio Visco said on Monday.
23 November 2020 | Central Bank News