By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau cautioned on Friday against premature conclusions about the outlook for monetary policy in the Eurozone and said that recent market reactions to ECB rate hikes had been somewhat excessive.
16 June 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Wage and price growth could trigger further European Central Bank tightening, ECB Governing Council member Boštjan Vasle said on Friday.
16 June 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – The European Central Bank still has ground to cover and may need to continue raising rates beyond July, Governing Council member Joachim Nagel said on Friday.
16 June 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Germany’s inflation problem is far from being over, despite a recent fall in headline inflation numbers, European Central Bank Governing Council member Joachim Nagel said on Friday.
16 June 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will set policy on the basis of data so as to ensure the timely restoration of price stability, ECB Governing Council member Olli Rehn said on Friday.
16 June 2023
By David Barwick – FRANKFURT (Econostream) – The European Central Bank on Thursday delivered as expected by Econostream and many others, with President Christine Lagarde leaving no doubt that monetary tightening was set to continue beyond the latest 25bp hike.
15 June 2023
By David Barwick – FRANKFURT (Econostream) – We have no difficulty excluding the possibility of the European Central Bank Governing Council reaching any other monetary policy decision this Thursday than the one it has amply flagged of another 25bp rate hike.
13 June 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 4 May.
9 June 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – France is seeing a spectacular slowdown in prices in the manufacturing and services sectors, European Central Bank Governing Council member Francois Villeroy de Galhau said on Friday.
9 June 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson said on Thursday that climate, biodiversity and environmental issues were of key importance to price and financial stability, despite uncertainties regarding the exact impact of these developments on the economy.
8 June 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot called for further ECB rate hikes on Wednesday, saying that the current degree of tightening was insufficient.
7 June 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 4 May.
7 June 2023
By Xavier D’Arcy – DUBLIN (Econostream) – The recent tightening in monetary policy is impacting Irish financial stability, most notably in the commercial real estate sector, the Central Bank of Ireland said on Wednesday.
7 June 2023
By Xavier D’Arcy – DUBLIN (Econostream) – The European Central Bank is likely to hike rates at its June meeting, whilst a July hike is also probable but not yet certain, ECB Governing Council member Gabriel Makhlouf said on Wednesday.
7 June 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the banking system volatility earlier this year in Europe would have been much less if the EU had made more progress towards banking union and capital markets union.
7 June 2023
By David Barwick – FRANKFURT (Econostream) – Whether the European Central Bank will hike interest rates by 25bp in June and July hinges on information yet to become available, according to ECB Executive Board member Isabel Schnabel on Wednesday.
7 June 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel, who had been keeping her policy views relatively under wraps, was bound to air these before the 15 June Governing Council meeting, and did so on Wednesday, just before the start of the quiet period, with comments we see as fitting the general trend toward a more dovish outlook.
7 June 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday again sounded markedly less hawkish than in the recent past, reassuring that the worst of inflation had passed, rejoicing at monetary tightening’s initial impact on the real economy, and arguing that financial stability risks warranted proceeding with further rate hikes cautiously.
6 June 2023
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that the ECB would need to keep raising rates as long as necessary.
6 June 2023
By Xavier D’Arcy – FRANKFURT (Econostream) – Eurozone citizens’ perceptions of inflation fell substantially in April, the European Central Bank said on Tuesday.
6 June 2023