By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that although inflation was still seen reaching 2% next year, the ‘last mile’ narrative remained valid and September’s monetary policy decision was completely open.
26 July 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s latest consumer expectations survey, released Friday, showed that consumer expectations of future inflation remained at the same level in June as in May, when the lowest levels in almost three years had been hit.
26 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Thursday said that the ECB should keep its monetary policy stance restrictive until price stability was durably restored.
25 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday said that the ECB’s mandate was to ensure that banks managed climate-related risks properly.
25 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that in many cases, uncertainty called for a gradual approach to setting monetary policy.
24 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Wednesday said that while there had been progress in European banks’ governance in the past decade, there was still more to be done to strengthen the banking system.
24 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the implementation of a permanent central fiscal capacity could contribute to crisis prevention in the euro area.
24 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that the most important element for the ECB in deciding on further rate cuts was confidence about the restoration of price stability at the end of next year.
23 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that the weight of the data provided by the surveys conducted by the ECB was increasing in the monetary policy analysis.
23 July 2024
By Isabel Teles – FRANKFURT (Econostream) – Common assumptions regarding consumers' experience and expectations of inflation may not be accurately capture the variety of inflation perceptions among different socioeconomic groups, according to findings presented in a research bulletin published Tuesday by the European Central Bank.
23 July 2024