European Central Bank (ECB)
Berlusconi suggests new mandate for ECB
Italian Prime Minister Silvio Berlusconi said on Thursday 27 October that he had suggested to fellow European Union leaders the idea of changing the European Central Bank's mandate because inflation no longer represented a problem for the eurozone.
Wellink sees increased inflation concern for ECB
European Central Bank council member Nout Wellink said in an interview that the bank is ``increasingly concerned about inflation,'' echoing comments by other ECB officials.
Legal aspects of European System of Central Banks
The European Central Bank published a book on Wednesday 26 October . The book contains a collection of articles on the European Union and the ESCB, the Eurosystem, monetary law, central bank independence and central bank statutes as well as on financial…
Liikanen says ECB on alert over inflation risk
European Central Bank Governing Council member Erkki Liikanen said on Thursday 27 October that rising energy costs create significant risks to long-term inflationary expectations in the euro zone.
ECB's Weber says inflation risk 'noticeably' up
European Central Bank Governing Council member and Bundesbank President Axel Weber said upward risk for euro area price stability has grown "noticeably", with inflation expected "with sufficient certainty" not to duck below 2% by the end of next year.
Tumpel-Gugerell on regulation in EU banking
In the speech 'Regulation, competition and integration in EU banking: What drives performance? - Revisiting Freiburg' given on 21 October Gertrude Tumpel-Gugerell of the ECB said there is excess capacity in the European banking sector and further…
Will ECB match hawkish rhetoric with rate hike?
This article published on Friday 21 October reports that the ECB's more hawkish tone has got futures markets speculating that eurozone interest rates could be about to change.
Trichet notes that inflation risks have increased
ECB president Jean-Claude Trichet said in an interview that the risk of rising inflation in the euro zone has increased with the recent surge in oil prices, and the ECB would reinforce its vigilance to head-off a widespread rise in prices.
Interview with ECB's Trichet
ECB President Jean-Claude Trichet said in an interview with Russian newspaper Izvestia this week that the ECB was committed to maintaining steady prices. "As regards our present position, I said in Athens on 6 October that the present interest rate of 2…
Comment: FX interventions
Most central banks have moved away from actual foreign exchange market interventions and now use communication, or verbal intervention, as a policy instrument to influence exchange rates when deemed necessary and desirable.
Issing hints at ECB rate rise
European Central Bank chief economist Otmar Issing said on Friday 21 October that inflation prospects in the Eurozone are worrisome and the outlook for interest rates is uncertain.
Meister calls for stiff shareholding disclosure
Cutting the threshold at which investors must declare that they have corporate shareholdings would help shed light on hedge fund activities, Bundesbank Board member Edgar Meister said.
Monetary policy predictability in the euro area
This Norges Bank Working Paper evaluates the ability of market participants to anticipate monetary policy decisions in the euro area and in 13 other countries.
ECB's Issing says rise in inflation is worrying
The oil-driven increase in Eurozone inflation is worrying because it could drive up inflationary expectations, European Central Bank chief economist Otmar Issing said in an interview that was published on Wednesday 19 October.
EU banking sector stability report
The European Central Bank published a report on EU banking sector stability, prepared by the Banking Supervision Committee of the European System of Central Banks on 17 October.
ECB to act decisively if needed says Trichet
European Central Bank president Jean-Claude Trichet said in a letter to a member of the European Parliament that the ECB would 'act decisively' if the rise in oil prices pushed domestic prices higher.
ECB not yet ready to give Fazio 'dialogue' details
European Central Bank vice-president Lucas Papademos said the ECB is not yet prepared to discuss details of its "dialogue" with Bank of Italy governor Antonio Fazio.
Issing: ECB will act if inflation 'out of control'
European Central Bank chief economist Otmar Issing said in an interview that the ECB will not hesitate to raise interest rates if medium-term inflation pressures increase.
Gonzalez-Paramo on the Stability and Growth Pact
In the speech 'The reform of the Stability and Growth Pact: an assessment' given on 13 October Jose Manuel Gonzalez-Paramo of the ECB said in EMU, fiscal rules are needed to ensure stability, growth and cohesion in the euro area.
ECB rates still appropriate according to Trichet
ECB President Jean-Claude Trichet said on Sunday 16 October that European Central Bank interest rates were "still appropriate" and that second-round inflationary pressures from oil prices had not developed so far.
ECB Monthly Bulletin, October 2005
The European Central Bank published its October 2005 Monthly Bulletin on Thursday 13 October. In the report the ECB reiterated that it is exercising strong vigilance on inflation risks coming from higher oil prices.
Joint Eurosystem - Bank of Russia seminar
The Eurosystem - the European Central Bank and the national central banks of the euro area - and the Bank of Russia are holding their second joint seminar, which takes place from 12 to 14 October in Saint Petersburg.
Russian central banking project near completion
A two-year training project in the area of banking supervision in Russia, financed by the European Union, is coming to an end, the European Central Bank announced on Thursday 13 October.
ECB's Garganas sees no need for rate rise
The European Central Bank sees no need to raise eurozone interest rates if area-wide inflation slows to less than 2.0 percent next year, governing council member and Greek central bank chief Nicholas Garganas said in a newspaper interview.