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By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday defended the ECB’s cautious approach, saying it was justified by the uncertainties.
By Marta Vilar – MADRID (Econostream) – Banco de Portugal Governor Nominee Álvaro Santos Pereira said on Wednesday that he did not consider himself a “dove”.
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday urged Europe’s financial sector to prioritize resilience over efficiency amid growing geopolitical, technological, and climate-related threats, warning that trust in money ultimately depends on a system that can withstand severe shocks.
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Wednesday said that the ECB had succeeded in achieving an equilibrium but had to be ready to react as circumstances demanded.
By David Barwick – FRANKFURT (Econostream) — European Central Bank Vice President Luis de Guindos’ comments today shouldn’t be mistaken for a rubber stamp on an extended pause. While he dutifully called current rates “appropriate”, that is pure boilerplate after a decision taken less than a week ago. The substance of his remarks was noticeably more dovish.
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the ECB’s current interest rates remain “appropriate” but stressed that policymakers were keeping all options open amid heightened geopolitical and economic uncertainty.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Tuesday that the ECB should remain agile and prepared to adjust policy in any direction.
By David Barwick – FRANKFURT (Econostream) – It’s still possible to believe the European Central Bank’s Governing Councilcould cut rates again this year — if one expects the environment to change enough to make next year’s undershooting of the target look less transitory.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Tuesday that the easing cycle was nearing its end but might not yet be over.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Tuesday that there was currently no reason for the ECB to cut interest rates further.