By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Wednesday that it would take some time for the ECB to find out if the net effect of trade tensions would be deflationary, in which case the central bank should react accordingly.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB should support weak economic growth once its inflation target of 2% is reached.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Wednesday that it was likely that as time went by the inflationary impact of US tariffs would dominate.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Tuesday that he did not see a reason to change his mind about preferring a pause in the ECB's April 17 monetary policy meeting.
8 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Tuesday that markets tended to overreact to news in the short term and that the decline seen after the recent US tariff announcement did not suggest that markets were entering panic mode.
8 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the imposition of tariffs by the US was a ‘severe blow’.
8 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said that monetary conditions were still tight after six ECB rate cuts, due to the pass-through of previous tightening measures, but that they would gradually ease this year.
8 April 2025
By David Barwick – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 07 April with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
8 April 2025
By David Barwick – VILNIUS (Econostream) – The European Central Bank should cut interest rates again by 25bp in April, given the mounting downside risks associated with new US tariffs, in the view of ECB Governing Council member Gediminas Šimkus.
8 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Christodoulos Patsalides on Monday echoed warnings that global developments could threaten the disinflation process and potentially produce stagflation.
7 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday predicted an important blow to euro area economic growth from the new US tariffs, whose net effect he insisted would prove deflationary.
7 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Saturday that uncertainty could increase even further.
5 April 2025
By David Barwick – FRANKFURT (Econostream) – In the immediate aftermath of the imposition by the US of sweeping tariffs on the rest of the world, we can’t help but notice that nobody from the European Central Bank’s Governing Council has actually suggested that this is a new reason to put the monetary policy easing process on pause this month.
4 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Peter Kažimír said on Thursday that tariffs announced by US President Donald Trump were to a large extent incorporated in the gloomiest scenarios of the ECB’s projections.
3 April 2025
By David Barwick – FRANKFURT (Econostream) – Our last member-by-member review of the European Central Bank Governing Council was only Tuesday, but the announcement on Wednesday evening of US tariffs has led to a couple of changes ostensibly favouring a pause.
3 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Thursday that the ECB would have to recalibrate the situation after yesterday’s tariff announcement by the US.
3 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday reiterated his support for another ECB rate cut, dismissing the new US tariffs.
3 April 2025
By David Barwick – FRANKFURT (Econostream) – Looking at European Central Bank Vice President Luis de Guindos’ latest comments alongside those made by him previously, it is hard to escape the conclusion that he has grown suddenly less supportive of further monetary policy easing in the near term.
3 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday said that monetary policymakers needed to be ‘extremely prudent’.
3 April 2025
By Marta Vilar – MADRID (Econostream) - Following is the full transcript of the interview conducted by Econostream on 1 April 2025 with Rasa Kavolytė, Director of the State Treasury Department of the Ministry of Finance of the Republic of Lithuania.:
3 April 2025