European Central Bank (ECB)
ECB's Trichet on European financial integration
In the speech 'The state of European financial integration' given on 28 November Jean-Claude Trichet of the ECB said further EU financial integration would be positive for economic growth.
How should central banks communicate?
This European Central Bank Working Paper published on 25 November shows that central bank communication is a key determinant of the market's ability to anticipate monetary policy decisions and the future path of interest rates.
Eurogroup head criticises ECB rate rise plan
An interest rate increase by the European Central Bank is unnecessary, Jean-Claude Juncker, prime minister of Luxembourg said on Monday 28 November.
Comment: Fierce criticism of the ECB
The European Central Bank's recent indication of its intent to raise interest rates has prompted a wave of fierce press criticism, and not only from within the eurozone.
Interview with ECB's Quaden
In an interview published on Tuesday 22 November, European Central Bank Governing Council member Guy Quaden said the ECB needs to tackle the problem of negative real interest rates in Europe, but this does not mean slamming the brakes on growth.
Interview with ECB's Trichet
In an interview published on Thursday 24 November, European Central Bank President Jean-Claude Trichet said he doesn't foresee "repeated" rises in eurozone interest rates.
ECB's Issing on mortgage markets & monetary policy
In the speech 'Mortgage markets and monetary policy: a central banker's view' given on 23 November Otmar Issing of the ECB said the ECB will be able to avoid sharp rises in interest rates if markets have faith in its ability to keep inflation under…
ECB's Trichet on Eurasia: Bull meets tiger
In the speech 'Eurasia: Bull meets tiger - Panel III - Financial markets: Shared responsibility' given on 18 November Jean-Claude Trichet of the ECB said the experiences of Europe and the Asia-Pacific region with regard to regional surveillance present…
Evolving perceptions of the European Central Bank
The New York Fed Staff Report 'Establishing credibility: Evolving perceptions of the European Central Bank' published November 2005 presents an empirical framework that uses high-frequency data to test for persistent variation in market perceptions of…
Gonzalez Paramo calms mood after Trichet comments
European Central Bank board member Jose Manuel Gonzalez Paramo has sought to play down Jean-Claude Trichet's recent comments that an increase in Eurozone interest rates could come at its next meeting on 1 December.
Trichet says ECB set to 'moderately augment' rates
In testimony given on 21 November Jean-Claude Trichet of the ECB said the bank isn't planning a string of interest- rate increases, vowing to lawmakers not to stifle economic growth.
Britain probably better off in euro says Trichet
Speaking at a conference in Berlin on Saturday 19 November, European Central Bank President Jean-Claude Trichet said Britain would probably be even better off if it joined the euro.
Comment: ECB signals its move
ECB president Jean-Claude Trichet on Friday 18 November dropped his strongest hint yet that interest rates will be increased at the governing council meeting on December 1.
Weber calls on China to exploit yuan flexibility
European Central Bank Governing Council member Axel Weber said in an interview on Friday 18 November that China should use the extra flexibility that July's currency liberalisation provided.
Trichet on developing the work and tools of CEIOPS
In the speech 'Developing the work and tools of CEIOPS: the views of the ECB' given on 16 November Jean-Claude Trichet of the ECB warned that pension funds and insurers could be sources of vulnerabilities that could spread "contagion" in the wider…
Tripartite protocol on banking supervision signed
Jean-Claude Trichet and Dr. Farouk El Okdah, governor of the Central Bank of Egypt, on 13 November signed a Tripartite Protocol to mark the start of a Eurosystem Technical Assistance Programme on Banking Supervision.
EU's Almunia calls for respect of ECB independence
EU economic and monetary affairs commissioner Joaquin Almunia on Thursday 17 November called on the European Commission and member states to respect the independence of the European Central Bank.
ECB's Issing on addressing global imbalances
In the speech 'Addressing global imbalances: the role of macroeconomic policy' given on 4 November Otmar Issing of the ECB said structural reforms in Europe and Japan may help to promote growth and resilience and are in the countries' own best domestic…
Beware fads and fashions
The latest fashion in accounting standards will not deliver good central banking says John Nugée.
ECB opposes BoI reform bill
Attempts to reform governance structures at the Bank of Italy (BoI) yesterday received another blow when Lorenzo Bini Smaghi, a member of the ECB's executive board, said the government should amend some of the initiatives proposed in a parliamentary bill.
ECB's Target 2 delayed
The ECB has announced that the launch of Target 2 has been further delayed. The first group of countries will move to the EU's new large-value payment system on 19 November 2007, 11 months later than originally planned.
ECB Monthly Bulletin for November
The ECB's Monthly Bulletin for November was released yesterday, 9 November. In addition to its regular discussion of economic development in the eurozone, the report contains articles on price-setting behaviour, developments in corporate finance and…
ECB's Weber sees inflation risks
Bundesbank president and ECB governing council member, Axel Weber, told reporters at a news conference on 8 November that risks to price stability have increased in the eurozone in recent weeks, primarily due to a rebound in economic growth, soaring oil…
Euro ministers warn against rate hikes
Finance ministers meeting in Brussels renewed their calls for the European Central Bank to refrain from interest rates hikes.