By David Barwick – FRANKFURT (Econostream) – The European Central Bank will gradually reduce its asset purchases but at the same time is ready to react in any direction to changes in the macroeconomic environment, ECB Governing Council member Olli Rehn said on Thursday.
20 January 2022
By David Barwick – FRANKFURT (Econostream) – The account of the European Central Bank’s policy meeting of 15-16 December, released by the ECB on Thursday, suggested that reasonably widely held views of the inflation outlook expressed at the gathering got relatively little airtime at the subsequent press conference by President Christine Lagarde - or since.
20 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is unlikely to hike interest rates this year, ECB Governing Council member Pablo Hernández de Cos said Thursday.
20 January 2022
By David Barwick – FRANKFURT (Econostream) – The Eurozone economy is, in contrast to that of the US, not yet at the point where interest rates should rise, European Central Bank President Christine Lagarde said Thursday.
20 January 2022
By David Barwick – FRANKFURT (Econostream) – Econostream’s ranking of Governing Council members in terms of hawkishness/dovishness has been updated today in two respects: a major re-ranking of Banque de France Governor François Villeroy de Galhau and a minor adjustment to the placement of Banque centrale du Luxembourg Governor Gaston Reinesch.
19 January 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that the ECB intended to gradually modify its policy stance to make sure that inflation slows to a steady level in line with price stability.
19 January 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday repeated his vow that the ECB would do what is necessary to get inflation back to around 2%.
19 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank has the instruments to keep inflation from getting out of control, ECB Governing Council member Olli Rehn said on Tuesday.
18 January 2022
By David Barwick – FRANKFURT (Econostream) – Do central bankers anticipate economic developments well enough to remain perpetually one step ahead of financial markets and shape monetary policy proactively, or does the lack of any special foreknowledge mean that in fact they essentially go with the flow?
18 January 2022
- Denmark Debt Head: Use of Auction Signals That Green Bond Part of Our Regular Issuances
- Denmark Debt Head: Must Also Stay Very Focused on Keeping Main Benchmark Series Liquid
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said the ECB was willing and able to adjust its policy stance if high inflation didn’t subside as expected.
18 January 2022
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
17 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank has taken the first steps towards withdrawing monetary accommodation, ECB Executive Board member Isabel Schnabel said Sunday.
17 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank does not need to react to currently elevated inflation in view of forecasts calling for it to subside over the policy-relevant horizon, ECB Governing Council member Mario Centeno said Sunday.
17 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will do whatever is required to achieve its price stability target, ECB President Christine Lagarde said Friday.
14 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s decision last month to end net pandemic emergency purchase programme (PEPP) purchases was an initial step in the direction of higher interest rates, ECB Executive Board member Isabel Schnabel said Friday.
14 January 2022
By David Barwick – FRANKFURT (Econostream) – The following is a reasonably complete compendium of the most recent comments made by European Central Bank Governing Council members with respect to monetary policy. The frequency of updates will correspond approximately to the frequency with which relevant comments are made.
13 January 2022
By David Barwick – FRANKFURT (Econostream) – The recent increase in inflation risk premia based on inflation-linked swap (ILS) rates may be related to the risk that supply shocks will continue to batter the economy, the European Central Bank said on Thursday.
13 January 2022
By David Barwick – FRANKFURT (Econostream) – Supply bottlenecks should fully unwind by 2023, the European Central Bank said on Thursday.
13 January 2022
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday emphasised the determination of the ECB to do whatever proved necessary to restore price stability.
12 January 2022