Donnery appointed to ECB supervisory board - Breaking The News

Donnery appointed to ECB supervisory board

2 January

1 min read

EPA-EFE/RONALD WITTEK

The European Central Bank (ECB) announced on Thursday it appointed Sharon Donnery as the ECB representative to the bank's Supervisory Board.

"With extensive experience as a Deputy Governor at the @centralbank_ie [Central Bank of Ireland], Sharon will be instrumental in helping us keep the banking system safe for European citizens and our economy," the ECB said in a post on X.

Donnery held several posts at the Central Bank of Ireland since joining it in 1996. She has been the institution's deputy governor since 2016 and briefly served as its acting governor in 2019.

ecb

ECB’s Holzmann favors holding rates in April

14 March

European Central Bank (ECB) Governing Council member Robert Holzmann said on Friday that he is in favor of pausing interest rate cuts in April, believing that monetary policy has entered neutral territory. In an interview with the Platow Brief, he said he abstained from the ECB's decision in March because of its wording, which said the monetary stance is still restrictive. Holzmann reiterated that the global political situation, including tariffs imposed by the United...

ECB's Villeroy: Tariffs tragedy for US economy

13 March

Member of the European Central Bank (ECB) Governing Council and Bank of France Governor Francois Villeroy de Galhau claimed on Thursday that the tariffs United States President Donald Trump introduced on numerous imports will bring "tragedy" to the American economy.Speaking at an economic panel at Germany's embassy in Paris, Villeroy noted that the move will also negatively impact the global output too.His remarks came after Trump threatened to...

ECB's Centeno urges faster rate cuts

12 March

European Central Bank (ECB) Governing Council member Mario Centeno emphasized the need for timely action to support the eurozone economy, stating, he "would prefer to move sooner rather than later," referring to cutting interest rates.In an interview published by The Wall Street Journal on Wednesday, Centeno warned that high borrowing costs continue to suffocate economic activity, risking inflation falling below the ECB's 2% target. He argued that...

Lagarde: Impossible for inflation to always be 2%

12 March

European Central Bank President Christine Lagarde said on Wednesday that, "in the kind of environment we are facing now," it is impossible to expect inflation to always be at the 2% target. However, she insisted that the ECB must set its policy so that inflation is "always converging back towards 2% over the medium term."Lagarde noted the importance of well-anchored inflation expectations, which allowed the ECB to reduce inflation "at a relatively low cost...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.