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Econostream Media is a financial newswire with a mission to improve understanding of monetary policy and debt issuance by reporting on the central banks and debt issuance agencies, their policies and how they impact the financial markets.

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ECB’s Kazāks Hoping for Second Term at Helm of Latvian Central Bank

ECB’s Kazāks Hoping for Second Term at Helm of Latvian Central Bank

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks stands ready to remain in his current post of Governor of Latvijas Banka when his first term comes to an end in three months – now the Latvian Parliament just has to agree to the idea.

18 September 2024
ECB’s Lane: Gradually Dialling Back Restrictiveness Is Best Approach; Pace TBD

ECB’s Lane: Gradually Dialling Back Restrictiveness Is Best Approach; Pace TBD

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that if incoming data continued to confirm the ECB's inflation projections, it would be appropriate to gradually reduce the level of monetary policy restrictiveness, but the speed of the process would remain open. 

16 September 2024