Central Bank


ECB’s Villeroy: Still Far Away From r*, We Have Room to Manoeuvre

ECB’s Villeroy: Still Far Away From r*, We Have Room to Manoeuvre

By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that even though the decades-long decline of r* had stopped, the neutral rate was still significantly lower than the current level of euro area interest rates.

25 October 2024
ECB’s Lagarde: Hope to Reach 2% Target Before End of Next Year

ECB’s Lagarde: Hope to Reach 2% Target Before End of Next Year

By David Barwick – WASHINGTON (Econostream) - European Central Bank President Christine Lagarde on Tuesday said that she hoped to see price stability in the euro area restored before the last quarter of next year and thus earlier than the ECB currently projects.

22 October 2024