By David Barwick – ALPBACH, Austria (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that monetary authorities would await all incoming data before reaching a monetary policy decision next month.
28 August 2023
By David Barwick – FRANKFURT (Econostream) – After ascertaining on 01 August that the option of a pause at the 14 September meeting of the European Central Bank Governing Council had taken an early lead versus the lone alternative of yet another hike, we observe today that little has changed about this, which is not surprising, given that it also remains the case that monetary policy is still subject to the summer lull, leaving public pronouncements rare.
25 August 2023
By David Barwick – FRANKFURT (Econostream) – The next spot readings of euro area inflation would indicate whether underlying inflation was really weakening and whether monetary policy was restrictive enough, European Central Bank Governing Council member Boris Vujčić said Friday.
25 August 2023
By David Barwick – FRANKFURT (Econostream) – It is too easy - and probably wrong - to think that European Central Bank Governing Council member Joachim Nagel could only have been calling for another hike of interest rates in the interview published on Friday.
25 August 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that it was too soon to consider a pause in monetary policy tightening and that the Council's September decision would also have to depend on information yet to come.
25 August 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday repeated that interest rates in the euro area would have to remain at their peak for long enough to restore price stability.
25 August 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 27 July, but earlier comments can still be seen in versions up to that of 24 July .
24 August 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Thursday urged caution in setting monetary policy, as downside risks to the economic outlook had materialised.
24 August 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 27 July, but earlier comments can still be seen in versions up to that of 24 July .
14 August 2023
By David Barwick – FRANKFURT (Econostream) – The option of a pause at the 14 September meeting of the European Central Bank Governing Council has hardly clinched the outcome, but the ECB’s latest consumer expectations survey, released Tuesday, is more wind in the sails of the Council doves.
8 August 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s consumer expectations survey, released Tuesday, showed expectations in June of inflation in one year as well as three years ahead down versus May.
8 August 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 27 July, but earlier comments can still be seen in versions up to that of 24 July .
4 August 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Friday said that inflation in the euro area would decline substantially in the latter part of 2023.
4 August 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Fabio Panetta on Thursday called for monetary policy to be set so as to avoid needlessly hurting the economy.
3 August 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that despite the generally positive conclusions of the latest banking system stress test, Europe's banks should be conservative when it comes to dividends.
2 August 2023
By David Barwick – FRANKFURT (Econostream) – The option of a pause at the 14 September meeting of the European Central Bank Governing Council appears to enjoy an early lead versus the lone alternative of yet another hike, but with most Council members not having pronounced themselves since last Thursday’s decision, it is too soon to call an outcome that will depend to a large extent on data available only when the time comes.
1 August 2023
They Said It - Recent Comments of ECB Governing Council Members
31 July 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on reiterated his opposition to further increases in euro area official interest rates.
31 July 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – A decision by the European Central Bank not to raise interest rates would not necessarily signify the end of its rate hike cycle, President Christine Lagarde said on Sunday.
30 July 2023
By David Barwick – FRANKFURT (Econostream) – Econostream has updated our hawk-dove ranking to take into account the passage of the last monetary policy meeting, so that the columns indicating voting status include only future meetings – as of today, 14 September, 26 October and 14 December.
28 July 2023