By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Saturday indicated that whether the ECB would cut rates again this year was an open question in the context of ‘conflicting signals’ .
26 July 2025
By David Barwick – FRANKFURT (Econostream) – The appreciation of the euro has not held back euro area exports, according to European Central Bank Governing Council member Madis Müller on Friday.
25 July 2025
By David Barwick – FRANKFURT (Econostream) – In contrast to comments of European Central Bank Governing Council member Mārtiņš Kazāks published earlier Friday, subsequent interventions today by his French and Finnish counterparts – François Villeroy de Galhau and Olli Rehn – added little new insight into the current ECB policy outlook.
25 July 2025
By David Barwick - FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that euro area growth prospects were now somewhat better and that the ECB had been right to pause.
25 July 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Friday that financial markets anticipate further easing and that the ECB remains ready to act if needed,
25 July 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that tariffs were unlikely to cause inflationary pressures, while the strength of the euro was disinflationary.
25 July 2025
By David Barwick – FRANKFURT (Econostream) – In our 6 June interview , European Central Bank Governing Council member Mārtiņš Kazāks appeared to envisage not just one, but at least two more rate cuts. His comments today make clear that this is no longer the case, and strongly support scepticism that there will be further easing seven weeks from now.
25 July 2025
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is in no rush to change its key interest rates, ECB Governing Council member Mārtiņš Kazāks said Friday.
25 July 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde struck a somewhat hawkish tone on Thursday, pointing to better-than-expected economic data, dismissing fears of undershooting, and repeatedly declining to encourage expectations of further easing.
24 July 2025
By Marta Vilar – MADRID (Econostream) – The Portuguese government has appointed OECD Chief Economist Álvaro Santos Pereira as the next governor of Banco de Portugal, replacing Mário Centeno.
24 July 2025
By Marta Vilar – FRANKFURT (Econostream) - European Central Bank President Christine Lagarde on Thursday said that the ECB was well positioned to maintain a wait-and-see attitude pending the evolution of the situation over the upcoming months.
24 July 2025
By Marta Vilar – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided to keep its key interest rates unchanged, as widely expected by markets and analysts.
24 July 2025
By David Barwick – FRANKFURT (Econostream) – Our starting point in considering where the European Central Bank now stands is that we assign only limited weight to US President Donald Trump’s 12 July announcement.
22 July 2025
By Marta Vilar – MADRID (Econostream) – The Portuguese government is set to name the next head of the Banco de Portugal governor following Thursday’s Council of Ministers meeting. While a reappointment of Governor Mário Centeno remains unlikely, it’s still a possibility.
21 July 2025
By David Barwick – FRANKFURT (Econostream) – With the question of Mário Centeno’s future at Banco de Portugal seemingly close to resolution, a new possibility looms: could he be headed for an even higher post on the ECB’s Executive Board?
21 July 2025
By David Barwick – FRANKFURT (Econostream) – Amid intense debate over monetary easing, the European Central Bank is in the midst of another shift: a wave of Governing Council turnover. At least two—more likely four to six—new members will join by 2026, with potential implications for policy dynamics.
17 July 2025
By Marta Vilar – MADRID (Econostream) – Following is a collection of views expressed by ECB Governing Council members on various topics of high relevance related to next week’s meeting and the further evolution of monetary policy:
16 July 2025
By Marta Vilar – MADRID (Econostream) – With just days to go before Mário Centeno’s term as Banco de Portugal governor officially ends, the government has yet to name a successor – a delay that makes it increasingly likely he will remain in place for next week’s ECB Governing Council meeting, and possibly even the one in September.
15 July 2025
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 14 July 2025 with Dimitar Radev, governor of the Bulgarian National Bank and - following Bulgaria's planned adoption of the euro on January 1, 2026 - soon-to-be European Central Bank Governing Council member.
15 July 2025
By Marta Vilar – MADRID (Econostream) – The bar for additional easing by the European Central Bank remains high, according to Dimitar Radev, governor of the Bulgarian National Bank and - following Bulgaria's planned adoption of the euro on January 1, 2026 - soon-to-be ECB Governing Council member.
15 July 2025