By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that provided that the disinflation process continued, market expectations of further ECB interest rate cuts were reasonable.
19 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – Euro area wage growth may appear to be receding, based on a couple of important indicators that seem to point to a slowdown, but it would be premature for monetary policymakers to feel relief.
18 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that the ECB should cut interest rates further.
18 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that the process of monetary policy easing would not be as abrupt as the previous tightening.
18 September 2024 | Central Bank News
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 | Central Bank News
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 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday that the ECB will retain full optionality in its monetary policy, given high uncertainty.
16 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that the latest rate cut should not be taken as a sign that the ECB would start making similar decisions every six weeks.
16 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Monday said that for the energy transition to be completed, the related framework needed to be attainable.
16 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – Ten or so members of the European Central Bank’s Governing Council have already piped up since ECB President Christine Lagarde’s press conference on Thursday; their comments do not, to our mind, change the outlook or contradict Lagarde.
16 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Monday that he did not disagree with financial market expectations calling for interest rates to come down to 2.5% by mid-2025.
16 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on the weekend said that the ECB's inflation target would be achieved before the end of 2025, but warned that the disinflation process was not over yet.
15 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Sunday said that the ECB’s monetary easing was subject to some risk related to high services inflation
15 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks stated on Friday that the ECB would consider a rate cut in October if the economy slumped more than expected and inflation receded significantly.
13 September 2024 | Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde on Friday confirmed that the ECB would reassess its monetary policy stance if incoming data were to represent a substantial change versus the baseline scenario.
13 September 2024 | Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the ECB had to be aware of the risks of undershooting its price stability target.
13 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The threat of high inflation has not yet passed in the euro area, where elevated price growth for services remains a worry, European Central Bank Governing Council member Madis Müller said Friday.
13 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank may have enough leeway to cut interest rates by another 25bp in December, Governing Council member Robert Holzmann said Friday.
13 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday said that the ECB’s central inflation scenario was subject to uncertainty.
13 September 2024 | Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is likely to cut rates many more times if the projection of 2% inflation at the end of 2025 remains valid, according to ECB Governing Council member Gaston Reinesch.
13 September 2024 | Central Bank News