News


ECB’s de Guindos: Wages the Fundamental Risk to Watch Now

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Friday said that inflation had been behaving positively but that it was still necessary to monitor risks, especially related to wages.

17 May 2024

ECB’s Schnabel: ‘A Rate Cut in July Does Not Seem Warranted’

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that she did not consider an interest rate cut in July justified, and that the ECB should proceed cautiously after a possible first move in June.

17 May 2024