By Aurėja Bobelytė – VILNIUS (Econostream) – A gradual economic recovery led by services is expected over the course of 2024, according to the European Central Bank’s latest Economic Bulletin, published Thursday.
25 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Thursday said that services inflation was still a worry and that it was necessary to remain watchful of unit labour costs.
25 April 2024 Central Bank News
By David Barwick – WASHINGTON (Econostream) - Following is the full transcript of the interview conducted by Econostream on 19 April with Madis Müller, Governor of the Estonian central bank and member of the Governing Council of the European Central Bank:
25 April 2024 Central Bank News
By David Barwick – WASHINGTON (Econostream) – Available information does not now suggest that the European Central Bank Governing Council should necessarily cut rates in both June and July, but rather, monetary authorities will need to be guided by data still to come, ECB Governing Council member Madis Müller said Friday.
25 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that reducing interest rates with gradualism would be the best strategy for the ECB to adjust its monetary policy stance and avoid getting behind the curve.
25 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday said that the Eurosystem needed to react to consumers' habits becoming more digitalised.
24 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that high core inflation and strong wage growth made him sceptical about the speed with which price stability would be restored.
24 April 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – The frequency of price changes was found to increase in the context of large inflationary shocks, according to an Economic Bulletin paper pre-released by the European Central Bank on Wednesday.
24 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB would reduce interest rates when there was enough confidence about the inflation outlook, but that wages and productivity were still sources of uncertainty.
23 April 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that if the disinflationary process continued and nothing unexpected materialised, the ECB would start easing its monetary policy in June.
23 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Tuesday said that it was necessary to strengthen the European economy and develop appropriate responses to the risk of fragmentation.
23 April 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Most euro area citizens have some trust or a high level of trust in the European Central Bank, according to survey results presented in an Economic Bulletin pre-released by the ECB on Tuesday.
23 April 2024 Central Bank News
By Isabel Teles – WASHINGTON (Econostream) – Following is the full transcript of the interview conducted by Econostream on 17 April 2024 with Mário Centeno, Governor of Banco de Portugal and member of the Governing Council of the European Central Bank.
22 April 2024 Central Bank News
By Isabel Teles – WASHINGTON (Econostream) – The European Central Bank could potentially reduce interest rates by more than 100bp in total before the end of the year, according to ECB Governing Council member Mário Centeno.
22 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 2 April with Erwan Gautier, head of Banque de France’s Microeconomic Analysis Division.
22 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The first wage agreements for 2024 recently concluded in France show an average year-on-year negotiated wage growth around 3.5% and point to a moderation trend compatible with reaching the 2% inflation target by the end of 2024 in the country, Erwan Gautier, Banque de France’s head of the Microeconomic Analysis Division, told Econostream in a recent interview (transcript here ).
22 April 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Euro area households have experienced an increase in housing costs during the years of high inflation and tight monetary policy, according to an Economic Bulletin paper pre-released by the European Central Bank on Monday.
22 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that the ECB would probably start cutting interest rates in June and that easing would be gradual to facilitate adjustment.
22 April 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that in the context of a changing global economy and a deceleration in productivity, economic growth required that bottlenecks be overcome with new ideas.
22 April 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Tensions in the Middle East should not cause a rise of oil prices that would delay an interest rate cut in June, European Central Bank Governing Council member François Villeroy de Galhau said Sunday.
21 April 2024 Central Bank News