Eurozone
ECB's Bini Smaghi: sharp easing a dangerous game
Excessive rate reduction can weaken prices of domestic assets, potentially destabilising markets, said Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank.
Supervisory information essential - ECB's Mersch
It is of utmost importance that a central bank has access to supervisory information, said Yves Mersch, the governor of the Central Bank of Luxembourg and a member of the European Central Bank's Governing Council.
ECB's Stark calls for structural reforms
Flexibility in wages and prices plays a pivotal role in helping the EU adjust to adverse shocks, said Jurgen Stark, a member of the executive board of the European Central Bank.
Auction shows massive demand for ECB cash
The European Central Bank's (ECB) first-ever auction of six-month loans was more than four times oversubscribed, indicating the high level of tension in the region's money markets.
ECB in a quandary as inflation rises sharply
The European Union's statistics office said on Monday 31 March that consumer price inflation accelerated to 3.5% this month from 3.2% in February, the biggest rise since June 1992, further exacerbating the European Central Bank's (ECB) monetary policy…
Deutsche Bank dismisses ECB conflict concerns
Deutsche Bank's chief economist sees no serious conflict between the European Central Bank's price stability objectives and its lender-of-last-resort function.
ECB to add €150 billion as market rates creep up
The European Central Bank (ECB) is to conduct four extra open market operations in a bid to relieve interbank tensions.
ECB's Trichet calls for culture of transparency
Jean-Claude Trichet, the president of the European Central Bank, urged global financial regulators to create a more transparent and less cyclical economic order in the wake of the subprime crisis.
Global warming to exacerbate price pressures
Christian Noyer, the governor of the Banque de France has warned that climate change is set to compound inflationary pressures.
The EU's approach to SWFs is commendable
The EU Commission's proposal for sovereign wealth fund policies are to be welcomed, says Norbert Walter, the chief economist of Deutsche Bank Group. And it is in the interests of the funds themselves to support this course.
Trichet notes exchange-rate instability fears
Jean-Claude Trichet, the president of the European Central Bank (ECB), has acknowledged that he is concerned about exchange rate volatility given the current value of the euro.
Near-term cut unlikely as ECB takes neutral tone
Jean-Claude Trichet, the president of the European Central Bank (ECB), signalled that the governing council is unlikely to back a rate cut in the coming months.
ECB reveals executive board salaries
In keeping with their inflation-fighting mandate, senior staff at the ECB gave themselves a 2% pay rise last year.
EU's Barroso notes concern over euro's strength
Jose Manuel Barroso, the president of the European Commission, has acknowledged that the euro is now worryingly strong.
Money growth data helps predict inflation
Money growth statistics can be used to more accurately forecast inflation in the euro area, a new International Monetary Fund paper finds.
Strauss-Kahn complains of "overly powerful" ECB
Dominique Strauss-Kahn, the managing director of the International Monetary Fund, has said that the lack of a political counterweight for the European Central Bank (ECB) has made the institution too powerful.
EU building and consumer sectors most sensitive
The eurozone's construction and consumer sectors are typically the most sensitive to shocks in GDP and inflation variables, states a new European Central Bank paper.
EU should be "driving force" in SWF regulation
The EU should be at the forefront of the effort to supervise sovereign wealth fund investments, the European Commission has said.
Stability requires public-private coordination
The close cooperation of policymakers and market participants is essential for achieving sustainable growth and preserving stability, said Lucas Papademos, the vice president of the European Central Bank.
Markets underestimate ECB's inflation fears
Bets on interest rate decisions fail to take into account the seriousness of the inflation situation in the eurozone, said Axel Weber, the president of the Bundesbank who also sits on the European Central Bank's (ECB) governing council.
Number of euro counterfeits rise
The number of counterfeited euro banknotes in the second half of 2007 shows an increase when compared to the two preceding half-year periods.
Laurels for ECB from Germany's Merkel
The German chancellor, Angela Merkel, has praised the European Central Bank's (ECB) "very outstanding role" in dealing with the world financial crisis.
Trichet on structural reforms
Jean-Claude Trichet, the president of the European Central Bank, stressed the importance of labour markets reforms in the European Union.
Eurozone growth falls, raises chances of Q2 cut
Chances of the European Central Bank (ECB) cutting rates later this year rose as data revealed the pace of growth slackened in the eurozone in the fourth quarter of last year.