By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that new interest rate increases were not ruled out if inflation did not decrease as expected.
28 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the ECB expected the disinflationary process to continue but that there was still substantial uncertainty regarding the medium-term outlook.
27 November 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s next interest rate move is likelier to be a cut than a hike, but it is unreasonable to expect the easing to come soon, in the view of a Eurosystem insider who spoke to Econostream recently.
27 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that the ECB would reassess its bond purchase programmes soon.
27 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 .
24 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that the ECB had put a lot of effort into fighting inflation but warned that it was too soon to consider victory over it.
24 November 2023
By Isabel Teles – PORTO, Portugal (Econostream) – European Central Bank Executive Board member Isabel Schnabel late Thursday said that current ECB monetary policy tightness was necessary until there was certainty that inflation would return to 2%.
24 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that interest rate cuts would come but that rates would first have to stay high for a while.
23 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Thursday said that it remained uncertain whether the ECB would have to tighten monetary policy further.
23 November 2023
By David Barwick – FRANKFURT (Econostream) – Germany’s financial system has handled higher borrowing costs well, but a riskier and more uncertain environment underscores the need for a resilient financial sector, the German Bundesbank said on Thursday in releasing its 2023 financial stability review.
23 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that there were lagged effects of monetary policy that had not yet materialised.
23 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that the digital euro would not be a disruptive force in payments.
23 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the monetary policy transmission process was not yet fully completed.
22 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Wednesday said that countering climate and nature-related risks could help central banks achieve price stability.
22 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Wednesday said that the final phase of the process of meeting the ECB’s inflation target would be sluggish.
22 November 2023
By Isabel Teles – FRANKFURT (Econostream) – The outlook for financial stability in the euro area is still fragile in the context of weak growth, high inflation and geopolitical tensions, the European Central Bank said on Wednesday.
22 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that the main impact of the ECB’s restrictive monetary policy stance on inflation would take time to be felt and that its intensity was yet to be seen.
21 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Tuesday reiterated that any discussion of looser ECB monetary policy was premature.
21 November 2023
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that discussion of ECB monetary policy had shifted too fast from focussing on when tightening would end to asking when loosening would start and that the ECB would probably its keep interest rates at current levels for some time.
21 November 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said that financial stability risks warranted the involvement of central banks in mitigating climate change.
21 November 2023