Slower wage growth needed for euro zone rate cuts, ECB’s Knot says
AMSTERDAM (Reuters) – The European Central Bank (ECB) will need to see proof of slowing wage growth in the euro zone before interest rates can be lowered, ECB governing council member Klaas…
ECB’s Lane sees euro area slowdown, does not rule out technical recession
MADRID (Reuters) – The euro zone’s economy is likely to experience an economic slowdown, European Central Bank’s chief economist Philip Lane said on Tuesday, adding however that he did not rule out…
ECB’s Knot says he favors large rate hikes -NOS interview
AMSTERDAM (Reuters) -Klaas Knot, a member of the European Central Bank’s governing council, said in an interview with Dutch national broadcaster NOS on Friday that he favours large interest rate hikes to…
ECB’s Kazaks says big hikes may not be over after July move – Bloomberg
(Reuters) – The European Central Bank (ECB) may not be done with big interest rate hikes after its initial half-point hike last week, Latvian central bank governor Martins Kazaks said in an…
Spain says ECB’s tool to control government bond spreads are ‘appropriate’
MADRID – Spain’s Economy Minister Nadia Calvino said that the European Central Bank’s tools to try to keep government bond spreads down are adequate. “The tools the ECB is using right now…
Euro zone at risk of “inflation psychology”, ECB’s Lane says
LONDON – Record high euro zone inflation risked fuelling “inflation psychology,” European Central Bank chief economist Philip Lane said on Monday, referring to a phenomenon when consumers and businesses adjust their habits…
ECB’s Knot says several 50 bps rate hikes possible if inflation worsens
BRUSSELS -European Central Bank policymaker Klaas Knot told Dutch radio broadcaster BNR on Friday the ECB may need to make several 50 basis point rate hikes if inflation continues to rise and…
Italy’s borrowing costs unjustifiably high: ECB’s Visco
MILAN – Italy’s borrowing costs are unreasonably high so European Central Bank support to temper yields on the bloc’s periphery is fully justified, Italian central bank chief Ignazio Visco said on Thursday.…
No limits in ECB’s fight against fragmentation -Schnabel
FRANKFURT -The European Central Bank will fight any “disorderly” blowout in the borrowing costs of more indebted euro zone nations, but its response should be tailored and there is no need to…
ECB’s Kazimir: we need to raise rates by 50 bps in September
(Reuters) – The European Central Bank needs to speed up the pace of interest rate tightening to 50 basis points in September after an initial hike of 25 basis points in July,…
ECB’s Centeno says policy normalisation must happen in sustainable way
LISBON -The normalisation of the European Central Bank’s monetary policy after a long period of ultra-low interest rates is needed and must happen in a sustainable way, increasing the ECB’s intervention capacity,…
ECB’s Makhlouf says it is time for Governing Council to act
DUBLIN – Irish Central Bank Governor Gabriel Makhlouf on Thursday joined a chorus of European Central Bank policymakers calling for the Governing Council to act to tackle inflation, though not necessarily at…
ECB’s Lane say first rate hike is no big deal, cautious on further moves
FRANKFURT -The European Central Bank’s first rate hike in over a decade is no big issue for the ECB and the question is rather how fast it should raise borrowing costs further…
ECB’s Lagarde sees strong chance of a rate hike this year
WASHINGTON -The European Central Bank is likely to end its bond purchase scheme in early third quarter and raise rates before the end of the year, European Central Bank President Christine Lagarde…
ECB’s de Guindos backs ending bond purchases in July
FRANKFURT -The European Central Bank should end its stimulus programme in July and could raise interest rates that same month, in September or later, ECB vice-president Luis de Guindos said in an…
Treasury’s Yellen, ECB’s Lagarde express disapproval to Russian official at G20 meeting
WASHINGTON – U.S. Treasury Secretary Janet Yellen and European Central Bank President Christine Lagarde expressed their displeasure at the in-person participation of a top Russian official in Wednesday’s meeting of G20 finance…
Euro zone growth barely positive in first half: ECB’s de Guindos
FRANKFURT – Euro zone growth will remain positive this year but the first half will be especially weak with barely any positive growth, European Central Bank Vice President Luis de Guindos said…
Euro zone facing slower growth, higher inflation: ECB’s Lagarde
FRANKFURT – Europe is facing slower growth and higher inflation as the war in Ukraine is draining confidence and pushing up energy prices, European Central Bank President Christine Lagarde said on Wednesday.…
ECB’s Holzmann wants key rate at zero by year end – BZ
FRANKFURT – The European Central Bank should raise its key interest rate to zero by year-end or it will risk having to raise it even more abruptly next year to bring down…
ECB’s Lagarde does not see risk of stagflation
BERLIN – The European Central Bank does not expect the war in Ukraine to push the euro zone into stagflation even if it does push up inflation due to higher energy prices…
ECB’s Centeno says recession not in ECB’s scenario despite Ukraine
LISBON – The European Central Bank does not contemplate a recession in the euro zone in its economic scenario despite the conflict in Ukraine that has exacerbated inflationary pressures, ECB Governing Council…
ECB’s Visco says no need for restrictive policy in Europe
By Valentina Za and Francesca Landini MILAN – The European Central Bank can keep its accommodative policy stance if euro zone governments act to offset higher prices, including by supporting households in…
ECB’s Holzmann argues again for rate rise – paper
ZURICH – European Central Bank (ECB) policymaker Robert Holzmann told an Austrian newspaper that the bank could send a clear message about fighting inflation by raising interest rates before ending its stimulus…
ECB’s Centeno warns of ‘stagflation’ from Russia-Ukraine conflict
LISBON -European Central Bank Governing Council member Mario Centeno warned on Wednesday that Russia’s invasion of Ukraine could lead to a combination of low growth and high inflation, known as stagflation, in…
ECB’s de Guindos says asset purchases must end before raising rates
MADRID – European Central Bank Vice-President Luis de Guindos said on Wednesday that the institution will first need to end asset purchases before interest rates can rise. “We will look at the…
ECB’s Kazimir calls for ending bond buying in August -Bloomberg
FRANKFURT – European Central Bank policymaker Peter Kazimir on Friday joined a growing camp of rate-setters in favour of ending the ECB’s bond-buying programme, which were designed to boost inflation in the…
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