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European Central Bank (ECB)

Interview with ECB's Guy Quaden

European Central Bank council member Guy Quaden said in an interview published Monday 16 April, an increase in eurozone interest rates in the coming months is likely.

ECB report says bank risk low

The European Central Bank said in a report on Wednesday 18 April that bank balance sheets are strong and they are well protected against risks from booming lending for private equity buy-out deals in the European Union.

Trichet on International Financial Architecture

In the speech 'The International Financial Architecture - Where do we stand?' given on 16 April Jean-Claude Trichet of the ECB said the policy challenges associated with growing global economic and financial interlinkages need to be addressed head-on.

ECB's Trichet at the Transatlantic Roundtable

In keynote luncheon remarks at the conference 'Transatlantic Roundtable on Finance and Monetary Affairs' given on 13 April Jean-Claude Trichet of the ECB said that in terms of integration the euro area retail banking markets have further to go.

Risk measurement and systemic risk

The European Central Bank on 11 April published proceedings from the Fourth Joint Central Bank Research Conference on Risk Measurement and Systemic Risk which took place at the ECB in Frankfurt on 8 and 9 November 2005.

ECB says rates are boosting growth

European Central Bank president Jean-Claude Trichet told a press conference Thursday 12 April the ECB's interest rates are still boosting economic growth after seven increases since late 2005, leaving open the possibility of a further move.

IMF World Economic Outlook, April 2007

The International Monetary Fund published its World Economic Outlook April 2007 on 11 April. In the report the IMF said the European Central Bank should raise interest rates again this summer, and further tightening moves may also be necessary after that.

ECB paper on transition economy convergence

The ECB Working Paper "Transition economy convergence in a two-country model: implications for monetary integration" presents a two-country dynamic general equilibrium model of ex ante unequally developed countries.

ECB's Constancio says rates still low

European Central Bank governing council member Vitor Constancio said Wednesday 4 April that eurozone interest rates are still at historically low levels despite seven ECB rate hikes since December 2005.

Garganas says ECB must be ready to act decisively

Favorable inflation trends appear to be waning in the euro one economy which is enjoying another year of strong growth, and the European Central Bank must act decisively if price risks threaten, Governing Council member Nicholas Garganas said in an…

Sarkozy wants `real conversation' with ECB

French presidential candidate Nicolas Sarkozy told reporters Monday 2 April he wants a "real conversation" with the European Central Bank on monetary policy, seeking a weaker euro currency to increase competitiveness.

ECB's Papademos on Financial Integration in Europe

In a speech at the press conference for the first publication of the report "Financial Integration in Europe - March 2007" given on 28 March Lucas Papademos of the ECB said the lag time between changing the interest rate and seeing its affect on price…

Weber says HICP should include home ownership

The eurozone should revise its measure of inflation to include home ownership costs, according to Axel Weber, the president of the Deutsche Bundesbank and a member of the governing council of the European Central Bank, reported Boersen-Zeitung on…

Paper: The Eurosystem, Fed and Bank of Japan

The ECB Working Paper "The Eurosystem, the US Federal Reserve and the Bank of Japan: similarities and differences" provides a systematic comparison of the Eurosystem, the US Federal Reserve and the Bank of Japan.

IMF report says ECB has room for hikes - FT

The International Monetary Fund (IMF) said the European Central Bank (ECB) has more room for further interest rate increases if eurozone growth improves further, the Financial Times said Wednesday 28 March, citing a draft copy of the IMF World Economic…

ECB's Stark on the public sector

In the speech 'Fit for the future? Towards a lean and efficient public sector' given on 23 March Jurgen Stark of the ECB said eurozone countries need to cut public spending to 30-35 pct of GDP if they are to be competitive.

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