By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that unpopular measures were necessary to achieve price stability.
8 November 2023
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s consumer expectations survey, released Wednesday, showed that medium expectations of inflation for the next 12 months increased from 3.5% in August to 4% in September.
8 November 2023
By David Barwick – RIGA (Econostream) – The European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday suggested that interest rates would be reduced as soon as it became appropriate to do so.
8 November 2023
By David Barwick and Isabel Teles – RIGA (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that fighting inflation and economic growth were not mutually exclusive.
8 November 2023
By David Barwick – RIGA (Econostream) – The European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday vowed that the euro area’s monetary policymakers would restore price stability.
8 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB would keep interest rates at a high level for as long as necessary to bring inflation back to its 2% price stability target.
7 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that despite entering a new phase in November, it could still take years before the digital euro was introduced for regular use.
6 November 2023
By David Barwick – VIENNA (Econostream) – The European Central Bank Governing Council is unlikely to reach any decisions this year pertaining to the pace of its quantitative tightening, inasmuch as that discussion cannot take place independently of the discussion of its operational framework, Council member Robert Holzmann said Monday.
6 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Saturday said that the ECB’s projections showed inflation converging to the target in 2025.
4 November 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 26 October, but earlier comments can still be seen in versions up to that of 25 October .
3 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that recent data showed inflation converging to the ECB’s target.
3 November 2023
By David Barwick – FRANKFURT (Econostream) – Econostream has updated our hawk-dove ranking to take into account the latest change in the composition of the European Central Bank Governing Council, and has also made a few tweaks to other rankings.
3 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel late Thursday said that further interest rate hikes could still be necessary.
3 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Thursday rejected speculation as to when the ECB might start loosening monetary policy.
2 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that though the ECB remained far from its price stabililty target, it was on the right path.
2 November 2023
By Isabel Teles – AMSTERDAM (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that to avoid stifling the economy, interest rates should not be excessively high.
2 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that inflation was expected to decrease as a consequence of the current level of interest rates.
31 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that the ECB’s decision last week not to continue hiking interest rates was justified by economic developments.
31 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB’s tight monetary policy was effective and that interest rates had to be kept high for long enough.
31 October 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Ignazio Visco on Tuesday said the ECB’s decision last week to keep interest rates unchanged was adequate.
31 October 2023