Tag Archives: price stability

The first ECB’s interest rate hike may come this year according to Estonian central bank chief Madis Müller. The ECB will stop its bond purchases earlier than expected. Russia’s attack on Ukraine will diminish growth prospects but not the European Central Bank’s efforts to fight inflation.The comments from Governing Council …

Federal Reserve Chair Jerome H. Powell said on Monday that there is an obvious need to move expeditiously to a more neutral level and even more restrictive levels if needed to restore price stability.The risk is rising that there could be an extended period of high inflation that could push …

US Fed Chair Jerome Powell, in his post-FOMC meeting press conference on Wednesday, said that the committee made excellent progress on their balance sheet reduction plan which could be finalized at the next meeting. Key Remarks:“By end of this year, policymakers are broadly at, or above, their estimates of the …

Swiss National Bank Chairman Thomas Jordan told Swiss broadcaster SRF on Monday that we have to take inflation developments seriously, and that while some of this inflation is certainly temporary, all central banks have to be careful it doesn’t become permanent. Jordan reiterated that inflation is expected to come down …

Federal Reserve Bank of San Francisco President Mary Daly said on Friday that the latest Omicron wave will extend the time period that inflation will remain high. Federal Reserve Bank of New York President John Williams said on Friday that he expects the Omicron wave to temporarily prolong and intensify …

The President and CEO of the Federal Reserve Bank of San Francisco Mary Daly has stated that the Federal Reserve Bank does not want to get too far ahead on calling a number of rate increases.She explained that they definitely see rate increases as early as March because inflation is …