Chairman, Luxembourg Central Bank Yves Mersch of Luxembourg

Not a name that commands instant recognition, but Yves Mersch is a council member of the European Central Bank and therefore is not without influence and power in the places where it matters.
And our Mr Mersch is an unhappy bunny there are a lot of them around these days.
Mersch said ``thats certainly not excluded.
Luxembourg central bank chief Yves Mersch said that he saw no need at present for the European Central Bank to change its interest rates.
Mersch said he expected the eurozone economy to continue to recover in the second half of this year, despite high oil prices, which would be offset by buoyant export demand and the positive effects of the weaker euro.
Yves Mersch was reported on Tuesday as saying.
an interview with news agency Market News, conducted on Friday.
the rules, ECB council member Yves Mersch said.
institutions, council member Yves Mersch said.
instances of abuse with ``moral suasion.
necessarily be a question to be discussed publicly.
inflation since 2001, hasnt made any decision on interest rates.
Luxembourg's Yves Mersch said the ECB could do little to influence soaring international commodity prices but it could take steps to head off local wage pressures.
Mr Mersch said the ECB took into account factors including slowing economic growth, financial market tensions and high uncertainty.
Skip navigationpd_top('Story','html40','22684482','ECB\'s Mersch Expects Euro-Zone Slowdown: Report','There are downside risks to euro zone growth and the European Central Bank will remain flexible on interest rates, Governing Council member Yves Mersch was quoted as saying on Wednesday.
There are downside risks to euro zone growth and the European Central Bank will remain flexible on interest rates, Governing Council member Yves Mersch was quoted as saying on Wednesday.
We have certainly downside risks to economic activity," Mersch said in the interview, conducted earlier this week.
Mersch was also reported as saying risks to euro zone inflation were also increasing but traders and economists took his comments as a sign of softening in the ECB's tough talk on inflation.
Mersch was quoted as saying the ECB will act "if needed.
ECB's Mersch Says Need to Consider Rate Rise: FT - Economy * Europe * News * Story - CNBC.
Skip navigationpd_top('Story','html40','24248402','ECB\'s Mersch Says Need to Consider Rate Rise: FT','The European Central Bank has to ask itself each month whether a rate rise is needed to control inflation, ECB Governing Council member Yves Mersch was quoted as saying in a newspaper report on Tuesday.
The European Central Bank has to ask itself each month whether a rate rise is needed to control inflation, ECB Governing Council member Yves Mersch was quoted as saying in a newspaper report on Tuesday.
The ECB aims for inflation to average just below 2 percent in the medium term, but Mersch was doubtful this would happen next year.
KUALA LUMPUR, Nov 2: European inflation should edge back under two per cent, although the risks remain evenly balanced despite disappointing Euro zone growth in 2002, European Central Bank council member Yves Mersch said on Saturday.
The ECB meets on Thursday, and Mersch said the proximity of the decision prevented him from commenting on interest rates.
Mersch said European growth was likely to come in around or below one per cent in 2002, and an expected pickup in activity had definitely been delayed although there still would be growth.
On European growth, Mersch said there was no doubt that an expected upturn was late.
LUXEMBOURG, Sept 20: High oil prices are driving up inflation in the eurozone, European Central Bank governing council member and Luxembourg Central Bank governor Yves Mersch said on Tuesday.
Mersch said that the main impact of oil prices on economic growth would be felt later this year and early next year.
speed amid what is likely to be a protracted period of economic weakness, European Central Bank governing council member Yves Mersch said in an interview.
Further, Mersch said he didnt rule out consumer price index data contracting for a few months next year.
FRANKFURT (Reuters) - The European Central Bank may need to raise interest rates if euro zone inflation plateaus rather than merely rises temporarily, ECB Governing Council member Yves Mersch was reported on Tuesday as saying.
Moreover the ECB does not need to wait until the end of the credit market turmoil -- which may last until the summer of next year -- before drawing policy conclusions, Mersch said in an interview with news agency Market News, conducted on Friday.
Prices Fall, Jobless Claims Rise 3 hours ago ECB Hints at Pause in Rate-Cutting Cycle for February Meeting 4 hours ago(CEP News) Frankfurt - European Central Bank Governing Council member Yves Mersch said core inflation in the euro zone is still at high levels incompatible with the ECB's mandate of price stability.
Prices Fall, Jobless Claims Rise 3 hours ago ECB Hints at Pause in Rate-Cutting Cycle for February Meeting 4 hours ago(CEP News) Frankfurt - European Central Bank Governing Council member Yves Mersch said that the economy will benefit from the ECB's "extraordinary" cuts to its main refinancing rate.
We have dealt with the economy to some extent because we took an extraordinary measure," Mersch said at a press conference in following the Luxembourg central bank's release of its semi-annual economic report on Friday.
i think this is quite important news.
At the margins there can still be cases where you see dangers of gaming the system,'' Mersch said in an interview on Aug 23 in Jackson Hole, Wyoming.
Mersch said the central bank prefers to tackle any individual instances of abuse with ``moral suasion.
Mersch said the ECB's response to any abuse case ``would not necessarily be a question to be discussed publicly.
Mersch said ``the question is whether the slowdown will last a little bit longer'' and Bundesbank President Axel Weber, who was also in Jackson Hole, said Aug 22 the current quarter may show ``some weakness.
FRANKFURT (Thomson Financial) - European Central Bank Governing Council member Yves Mersch said in an interview with daily Boersen-Zeitung that he considers the current correction of the markets to be positive.
Mersch said banks' full exposure to their conduits and other off-balance special investment vehicles will not become fully apparent in the next weeks.
THE European Central Bank is to tighten its collateral framework, ECB Governing Council member Yves Mersch said at the weekend.
European Central Bank Governing Council member Yves Mersch was quoted on Thursday as warning about high deficits in Germany, which has announced a.
ECB sees slowdown continuing in next quarters (Reuters) 12 December 2008 LUXEMBOURG - The European Central Bank sees the current economic slump continuing in the coming quarters, Governing Council member Yves Mersch said on Friday.
Mersch said ECB policy makers expected the slowdown to last for some time and, like the ECB staff, Mersch predicted a recovery in the economy assuming the financial turmoil subsided and raw material prices remained low.
Mersch said the fall of inflation was linked to the retreat of the prices of commodities and raw materials and the broader slow down in the economy.
AFPBerlin: European Central Bank (ECB) governing council member Yves Mersch is surprised that analysts still expect a cut in eurozone interest rates, according to a newspaper interview.
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LONDON (MarketWatch) -- The European Central Bank will move in coming weeks to tighten rules regarding its money-market auctions in an effort to prevent abuse by financial institutions, ECB governing council member Yves Mersch said over the weekend, according to Bloomberg News.
hier1 = "MarketWatch,Article,MarketPulse,MarketPulse,MarketPulse,1713fce1-9bd8-402b-95cb-370b18b1aaef,ECB's Mersch says bank to alter collateral rules: report.
Mr Mersch said the type of collateral now being accepted was: "A matter of high concern.
var RTR_ArticleBlurb = " TOKYO, April 14 (Reuters) - European Central Bank Governing Council member Yves Mersch said a cut in interest rates was not on the horizon this year and inflation could be revised higher, Bloomberg News reported in an interview published on.
Bloomberg News reported in an interview published on Monday.
inflation profile might be revised up.
At the margins there can still be cases where you see dangers of gaming the system,” Mersch said Saturday in an interview.
would abate in such a short period of time.