By David Barwick – FRANKFURT (Econostream) – For anyone interested in how the energy transition might ultimately play out in terms of inflation, European Central Bank Executive Board member Isabel Schnabel provided the clearest theoretical answer to date.
10 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank may need to ditch the traditional practice of ignoring passing deviations of inflation from its target when these are driven by energy prices, ECB Executive Board member Isabel Schnabel said Saturday.
8 January 2022
By David Barwick – FRANKFURT (Econostream) – All available evidence supports the European Central Bank’s view that inflation next year and the year after is more likely to undershoot the ECB’s price stability target, Executive Board member Philip Lane said Friday.
7 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.
5 January 2022
By David Barwick – FRANKFURT (Econostream) – Inflation will ultimately settle close to the target of the European Central Bank, entailing a gradual normalisation of monetary policy, Governing Council member François Villeroy de Galhau said Tuesday.
4 January 2022
By David Barwick – FRANKFURT (Econostream) – The European Central Bank could hike rates in early 2023, ECB Governing Council member Klaas Knot said Thursday.
30 December 2021
By David Barwick – FRANKFURT (Econostream) – Risks to inflation are balanced overall rather than being to the upside, European Central Bank Governing Council member Ignazio Visco said on Thursday.
30 December 2021
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is within reach of price stability and with risks to inflation obviously tilted upwards, policy tightening is more likely than further accommodation, Governing Council member Klaas Knot said Thursday.
30 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Robert Holzmann on Thursday said that the ECB had in effect started the slow process of exiting from negative interest rates and that it would be crucial to continue this in 2022.
30 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Wednesday said that Portugal had two to three years to ensure its debt sustainability.
29 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mario Centeno on Tuesday said in the context of elevated inflation that ECB monetary policy would have time to react.
28 December 2021
By David Barwick – FRANKFURT (Econostream) – High inflation could persist and cause inflation expectations to come unanchored, leading the European Central Bank to tighten monetary policy sooner than currently anticipated, the Bank of Greece said Wednesday.
22 December 2021
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.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Robert Holzmann on Wednesday said that the ECB could hike interest rates already in 2022 under extreme circumstances.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is headed in the right direction in terms of sustainably achieving price stability, Executive Board member Isabel Schnabel said Wednesday.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – Stronger-than-expected medium-term inflation would probably require a more robust evolution of wages than the evidence so far presages, European Central Bank Governing Council member Pablo Hernández de Cos said Wednesday.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – Should inflation threaten to mount too much, the European Central Bank will take action to counter this, ECB Governing Council member Olli Rehn said on Wednesday.
22 December 2021
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Tuesday said that energy prices could be expected to decelerate next year.
21 December 2021
By David Barwick – FRANKFURT (Econostream) – The crisis phase of the pandemic is by no means at an end and the European Central Bank retains the right to reactivate net purchases under the pandemic emergency purchase programme (PEPP), ECB Governing Council member Pablo Hernández de Cos said Monday.
20 December 2021