Eurozone
Papademos on the ECB's Annual Report
In a speech given on 23 April Lucas Papademos of the ECB said with regard to structural reforms, euro area countries have become increasingly aware in recent years of the need to adjust to the challenges of increased global competition.
ECB member positive on low eurozone inflation
ECB Executive Board member Gertrude Tumpel-Gugerell said in an interview with Viennese daily Der Kurier that Europe's growth prospects remained "very positive" and eurozone inflation will probably stay below 2% this year.
ECB's Weber says inflation outlook requires data
European Central Bank Governing Council member Axel Weber said in an interview published Tuesday 24 April that the ECB should not neglect longer-term inflation risks.
Bini Smaghi pushing IMF reform
After the recent report on reforming the IMF and criticism of it from Mervyn King, among others, European Central Bank executive board member Lorenzo Bini Smaghi said in an article in the FT that emerging economies should accept that the IMF needs a…
Communicating monetary policy to financial markets
This European Central Bank article reviews the main effects of the ECB's external communication on monetary policy, with a focus on expert audiences in financial markets and the media.
ECB's Weber says pressure on prices remains
European Central Bank governing council member Axel Weber told Handelsblatt newspaper in an interview published Friday 20 April that the ECB can't yet identify an end-point to its current cycle of interest rate increases.
Risks to inflation projections remain, says Paramo
Jose Manuel Gonzalez-Paramo, European Central Bank governing council member, said Thursday 19 April that although risks to eurozone inflation projections remain, ECB monetary policy remains accommodative.
Trichet says FX rates should reflect fundamentals
European Central Bank president Jean-Claude Trichet said Friday 20 April that too much volatility in foreign exchange rates is undesirable and exchange rates should mirror economic fundamentals.
Eurogroup's Juncker sees no panic on euro
Eurogroup President Jean-Claude Juncker said Friday 20 April there is no is no reason for over concern on the strength of the euro.
ECB's Trichet on credit derivatives
In the speech 'Some reflections on the development of credit derivatives' given on 18 April Jean-Claude Trichet of the ECB said the credit derivatives industry may have become complacent over market dangers, and called for greater transparency and…
ECB Monthly Bulletin, April 2007
The European Central Bank published its April 2007 Monthly Bulletin on Thursday 19 April. In the report the ECB said monetary policy remains on the "accommodative side", with key ECB interest rates moderate and ample liquidity in the euro area.
ECB's Bini Smaghi on central bank independence
In the speech 'Central bank independence: from theory to practice' given on 19 April Lorenzo Bini Smaghi of the ECB said fiscal discipline is important, and highlighted that out of control spending will undermine monetary policy.
Trichet on the euro and the dollar
In closing remarks at 'The euro and the dollar: pillars in global finance' conference given on 17 April Jean-Claude Trichet of the ECB said a number of indicators point to increasing cross-border banking activities in the euro area, such as the growing…
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's Mersch says US slowdown threat muted
European Central Bank governing council member Yves Mersch was reported on Monday 16 April as saying that the eurozone would be affected little by a further slowdown in the US economy.
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.
Trichet says stability requires int'l cooperation
European Central Bank president Jean-Claude Trichet said on Monday 16 April international policy cooperation and integration are important in keeping global economic stability.
ECB's Liebscher on exchange rates
European Central Bank governing council member Klaus Liebscher said Monday 16 April that exchange rates should reflect fundamentals.
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.
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.
Is single East Asian currency possible? Not now
According to this article from the Shanghai Daily, published Tuesday 10 April, it is not a realistic approach for East Asian countries to explore the possibility of a single currency.
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.