Tag: ECBs

Lackluster Eurozone PMI Adds to the ECBs Woes

Eurozone PMI Key Points:Eurozone S&P Global Manufacturing PMI Flash (OCT) 46.6 vs September 48.4. 29-month low.Eurozone S&P Global Services PMI Flash (OCT) 48.2 vs September 48.8. 20-month low.Business Activity Down for Four Consecutive...

October 24, 2022

ECB’s Villeroy says the ECB is working to bring down inflation to 2% in 2 to 3 years

Francois Villeroy de Galhau, Governor of Banque de France, and a Governing Council member at the European Central Bank European...

October 10, 2022

ECB’s Nagel: The next ECB meetings must send out clear signals on reacting to inflation

There are undoubtedly many economists at the Bundesbank fuming about where inflation is and where the ECB's main refi rate is.German GDP seen netween 1.3%-1.5% in 2022GDP seen flat In 2023Expects 2023 German...

October 7, 2022

ECB’s Visco: Rate hikes could have the biggest impact after economy has already slowed

Rates must keep rising though long-term inflation expectations remain anchoredApproach to policy tightening will be defined meeting by meeting based on dataEurozone mid-term economic prospects important to establish more appropriate final level, proceeding...

September 30, 2022

ECB’s Knot: Curbing the dynamic in inflation is the only concern

ECB has sent a forceful signal with 75 bps rate hikeInflation uncertainty is too big in order to give a forward guidanceIn other words, he's just laying on the aggressive tone that was...

September 9, 2022