By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Monday that market rate cut expectations were in line with the ECB’s assessment.
16 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Monday made the case for monetary authorities to continue acting gradually so as to ward off economic weakness while making sure that inflation continues to descend to target.
16 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Monday that he would not predict whether he would support a 50bp cut in January.
16 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Monday that risks to inflation were more on the upside than to the downside.
16 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday that the ECB was now more confident about inflation reaching the 2% target.
16 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that more aggressive policy easing by the ECB would only be possible if circumstances changed dramatically.
16 December 2024
By David Barwick – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday drew a positive balance regarding Lithuania’s accession to the euro area.
16 December 2024
By David Barwick – VILNIUS (Econostream) - European Central Bank President Christine Lagarde on Monday said that the ECB had nearly reached its price-stability target and that confidence in achieving this goal had increased.
16 December 2024
By David Barwick – VILNIUS (Econostream) - European Central Bank President Christine Lagarde on Monday said that the rate cut decided by the ECB Governing Council last week would not be the last in a context in which the risks to inflation had changed for the better.
16 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday said that while willing to continue cutting interest rates, he preferred not to do so by taking large steps.
13 December 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is likely to cut interest rates in steps to 2.5% by the start of spring 2025 if its central scenario continues to materialise, according to ECB Governing Council member Gaston Reinesch on Friday.
13 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Friday that the neutral rate was closer to 2% than 3% and that he would be open to a larger rate cut if warranted.
13 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that declining services inflation strengthened the confidence in a durable restoration of price stability.
13 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that German inflation would gradually return to the level of 2%, but only starting in 2026.
13 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Friday that the ECB would probably lower rates further in upcoming meetings.
13 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Madis Müller said on Friday that ECB interest rates could still be regarded as restrictive, given economic circumstances.
13 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy said on Friday that the Governing Council considered market expectations of more rate cuts as appropriate.
13 December 2024
By Marta Vilar – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the ECB was not going to anticipate what its next move would be, but observed that some uncertainty would fade in a few months’ time.
12 December 2024
By David Barwick – FRANKFURT (Econostream) – As in October, European Central Bank President Christine Lagarde adhered again on Thursday to the ECB’s data-driven, meeting-by-meeting approach to setting monetary policy. Still, the scepticism with which she responded at the press conference to a question about a potential 50bp cut next month was hard to overlook.
12 December 2024
By Marta Vilar – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided to cut its key interest rates by 25bp, as widely expected by markets and analysts.
12 December 2024