By Marta Vilar – FRANKFURT (Econostream) – The European Central Bank Governing Council on Thursday decided to cut its key interest rates by 25bp each, as widely expected by markets and analysts.
6 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel in his capacity as president of the Deutsche Bundesbank has endorsed a proposal to increase the German government’s borrowing limit to a maximum of 1.4% of GDP from the current 0.35% level, according to a Bundesbank announcement on Tuesday.
4 March 2025
By David Barwick – FRANKFURT (Econostream) – That the European Central Bank’s Governing Council will cut by 25bp on Thursday is virtually certain; we suppose the cut will be backed unanimously, but if not, then Austrian National Bank Governor Robert Holzmann should be the whole ‘opposition’.
4 March 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 this week’s meeting and the further evolution of monetary policy.
3 March 2025
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 27 February 2025 with Marjan Divjak, Director General of the Treasury Directorate of Slovenia's Ministry of Finance:
28 February 2025
By Marta Vilar – MADRID (Econostream) – Slovenia might tap the Panda bond market, according to Marjan Divjak, Director General of the Treasury Directorate of Slovenia's Ministry of Finance.
28 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said that the ECB would hit the terminal rate of 2% by 4Q of this year.
25 February 2025
By Marta Vilar – LONDON (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Tuesday that the ECB’s recent research showed r* had moved up in the last few decades, which she said could suggest where policy should go.
25 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday questioned whether ECB monetary policy was still in restrictive territory and urged that any rate steps be taken with care.
25 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that the ECB had room to keep cutting interest rates, but urged his colleagues at the ECB to refrain from openly guessing about a potential terminal rate.
25 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that he could not currently confirm that interest rates were no longer restrictive.
25 February 2025
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 19 February 2025 with Stelios Leonidou, Senior Economic Officer at the Cypriot Public Debt Management Office.
24 February 2025
By Marta Vilar – MADRID (Econostream) – The Public Debt Management Office of Cyprus is assessing whether it should reopen the 2034 bond anytime soon, according to Senior Economic Officer Stelios Leonidou.
24 February 2025
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is at risk of blindly going too far in easing its monetary policy, according to Governing Council member Pierre Wunsch.
24 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Sunday that the ECB should proceed with caution, but he refused to endorse calls to start pausing interest rate cuts.
23 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Saturday that the neutral rate was not a destination and that the ECB should not decide now what it should do after the summer.
22 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that disinflation faced risks and that the ECB was prepared to respond to any changes in prospects for inflation or growth.
20 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said last week that the ECB would cut rates to 2% during 2025 but that the pace and size of cuts would still be decided meeting by meeting with a data-dependent approach.
20 February 2025
By David Barwick – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 18 February with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
20 February 2025
By David Barwick – VILNIUS (Econostream) – Market expectations of another three ECB interest rate cuts this year are reasonable, even if high uncertainty makes the precise timing of moves post-March an open question, according to European Central Bank Governing Council member Gediminas Šimkus.
20 February 2025