By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s latest Bank Lending Survey (BLS), released on Tuesday, showed that euro area banks expect further net tightening for loans to companies, consumers and households, with minimum changes to housing loans standards.
24 October 2023
By David Barwick – FRANKFURT (Econostream) – To describe the outcome of this week’s European Central Bank Governing Council meeting as a pause might inadequately capture the firmness with which policymakers are actually on hold at the moment, meaning that a rate move is virtually excluded.
24 October 2023
By Isabel Teles – FRANKFURT (Econostream) – German core inflation should remain a bit over 4%, despite the weaking of the general inflation rate, the German Bundesbank said on Monday in its latest monthly report.
23 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco on Friday said that the risk of banking crises was not and could not be completely ruled out.
20 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco on Thursday said that climate change could affect the mandate of central banks.
19 October 2023
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank Governing Council on Wednesday said it had decided to move on to the preparation phase of the Digital Euro Project as of November 1st.
18 October 2023
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 14 September, but earlier comments can still be seen in versions up to that of 11 September .
18 October 2023
By David Barwick – FRANKFURT (Econostream) – With the European Central Bank Governing Council so clearly intending to abstain from a rate hike at its monetary policy meeting in Athens next week, one might wonder how authorities will fill the void left by this non-decision, given also the absence of updated macroeconomic projections to chew over.
18 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that macroprudential policy faced evolving challenges.
17 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB’s monetary policy measures were having an effect on inflation.
17 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that the financial stability outlook was delicate.
17 October 2023
By David Barwick – MARRAKECH, Morocco (Econostream) - Following is the full transcript of the interview conducted by Econostream on 13 October 2023 with Pierre Wunsch, Governor of the National Bank of Belgium and member of the Governing Council of the European Central Bank.
16 October 2023
By David Barwick – MARRAKECH, Morocco (Econostream) – The European Central Bank is likely to approach with caution any decision to change its approach to the pandemic emergency purchase programme (PEPP), according to ECB Governing Council member Pierre Wunsch.
16 October 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Monday said that the latest data had been consistent with projections for inflation but had possibly been weaker than anticipated with respect to growth.
16 October 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that monetary policy normalisation required that the ECB first be sure enough of the restoration of price stability.
16 October 2023
By Isabel Teles – MARRAKECH, Morocco (Econostream) – European Central Bank Governing Council member Joachim Nagel on Saturday said that monetary policy had to remain tight to control inflation.
14 October 2023
By Isabel Teles – MARRAKECH, Morocco (Econostream) – European Central Bank President Christine Lagarde on Saturday said that ECB interest rates would remain high for as long as required to meet the inflation target.
14 October 2023
By David Barwick – MARRAKECH, Morocco (Econostream) – European Central Bank President Christine Lagarde on Saturday said that inflation should remain on a downward trend towards 2% in 2025.
14 October 2023
By Isabel Teles – MARRAKECH, Morocco (Econostream) – European Central Bank Governing Council member Ignazio Visco on Friday said that there was no need for the ECB to intervene over Italian yields.
13 October 2023
By Isabel Teles – MARRAKECH, Morocco (Econostream) – European Central Bank Governing Council member Klaas Knot on Friday said that it would be necessary to maintain the current restrictive monetary policy stance to ensure monetary stability.
13 October 2023