News


ECB’s Centeno: Cannot Start Easing Only When Inflation Hits 2%

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the ECB’s projections already showed inflation fluctuating around 2% in 2024 and that the Governing Council shouldn’t wait until the price stability target was met to start dialling back monetary restrictiveness.

26 April 2024

ECB’s Nagel: Transformation to Greener Economy Could Impact Inflation

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Thursday said that changes required for the euro area to become a climate-neutral economy would require considerable investment, which could impact inflation and induce a monetary policy response.

25 April 2024

ECB’s Makhlouf: Inflation Persistence Warrants Caution

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that even with disinflation progressing in many areas of the world, the stubborness of inflation ruled out complacency.

25 April 2024

ECB’s Panetta: Prefer Small and Progressive Interest Rate Cuts

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

ECB’s Nagel: Wage and Productivity Developments Still Uncertain

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

ECB’s de Guindos: First Rate Cut in June, Barring Surprises

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