Well Done the ECB! 3 weeks ECB’s de Guindos: New ECB projections not going to be very far away from EC forecast today Forexlive . FRANKFURT, Nov 25 — The prospect of former Federal Reserve boss Janet Yellen becoming the next US Treasury Secretary is “good news” for the US and the world, ECB vice president Luis de Guindos said today. As ever in a central banking speech there is praise for the central bank itself. In a speech published today (November 16), de Guindos stressed the eurozone should develop a comprehensive macro-prudential framework for these financial entities. De Guindos' comments suggest a cut to the inflation forecast for this year, next year and possibly even 2022 is on the cards. The headquarters of the European Central Bank (ECB) seen in Frankfurt, Germany July 8, 2020. Speech by Luis de Guindos, Vice-President of the ECB, OMFIF City Lecture, London, 1 May 2019IntroductionSustained economic expansion over the past six years and greater banking sector resilience have supported financial stability within the euro area. “Risks are clearly tilted to the downside,” the European Central Bank (ECB) Vice President Luis De Guindos warned on Monday. de Guindos hints that the ECB will cut its growth forecasts next month Adding that he believes that "they're not going to be very far away from the from the European Commission (EC)". The recent data shows loss of momentum in the economic recovery, the European Central Bank (ECB) Vice President Luis De Guindos said in a scheduled speech on Monday. Not by the ECB but bu governments. “Investment funds continue to be vulnerable to sudden outflows during periods of market stress due to their relatively small liquidity buffers,” he said. In the report, Guindos stressed that loan loss provisions could have to rise again. Yellen’s nomination by US President … ECB's de Guindos says does not think the central bank's Q4 growth projections will be met ECB's Lagarde makes no reference to current monetary policy in speech today By … de Guindos hints that the ECB will cut its growth forecasts next month Adding that he believes that "they’re not going to be very far away from the from the European Commission (EC)". His speeches often contain indications on the future possible direction of monetary policy. Browse the press releases, speeches, interviews, reports and publications related to banking supervision and filter them by date, speaker or activity. Heads up for a speech from ECB President Lagarde Monday ... Lagarde is not the only speaker from the ECB today, its a packed agenda of ECB Board member speeches. Further comments “News ab The ECB is due to unveil its new projections on Dec 10, along with a new stimulus package. ECB's De Guindos speech. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Luis De Guindos is the Vice-president of the European Central Bank since June 2018. The euro area will eye the speeches by ECB’s C. Lagarde, L.De Guindos and P.Lane; the economic docket today is empty otherwise. ECB President Mario Draghi and Vice-President Luis de Guindos will explain the Governing Council's monetary policy decisions and answer questions from journalists at … But the recent softening of growth prospects heightens risks. At the time of writing, one Euro buys 1.1790 US dollars, down -0.19% as of 10:45 AM UTC. The Commission cut its projections because of a resurgence in the pandemic and now sees 2021 growth at 4.2%, below the ECB's 5% forecast in September. More Careers The financial stability environment has become more challenging than it … Guindos told reporters today a decision about whether or not to continue the ban will be taken in December. Remarks by ECB vice president, Luis de Guindos Interesting that he is choosing to comment on that, but the market has certainly concurred with that view as seen by the risk moves to start the week. It also … The Commission cut its projections because of a resurgence in the pandemic and now sees 2021 growth at 4.2%, below the ECB’s 5% forecast in September. FRANKFURT (Reuters) - The appointment of Janet Yellen as the next U.S. Treasury secretary is good news for the global economy as the former Federal Reserve chair is aware of the global ramifications of her country’s policy, the vice president of the European Central Bank said on Wednesday. European Central Bank Vice President Luis de Guindos says the supervisory arm is yet to decide on allowing banks to resume paying dividends and is … Luis de Guindos… Speech (via videoconference) by Mr Luis de Guindos, Vice-President of the European Central Bank, at the 18th annual symposium on "Building the Financial System of the 21st Century: an Agenda for Europe and the United States", organised by the Program on International Financial Systems and Harvard Law School, Frankfurt am Main, 22 July 2020. Events, forecasts, analyses on Conotoxia.com Luis de Guindos, Vice-President of the European Central Bank, is set to speak. ECB's De Guindos says Eurozone growth in fourth quarter will be negative 11/6/2020 Wisconsin recount, Small Business Saturday, Tyson-Jones Jr. fight: 5 things to know this weekend Consumers have adopted more cautious behaviour, and the recent tightening of restrictions has notably targeted the services sector, including hotels and restaurants, arts and entertainment, and tourism and travel. The European Central Bank's new economic projections to be published in December are unlikely to deviate significantly from the European Commission's forecasts released on Thursday, ECB Vice President Luis de Guindos said.