Central Bank

ECB’s Lagarde: Need to Ensure Disinflation; Focus on Services Data

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the ECB needed to ensure the continuation of the disinflation process and that this required information related to services prices in particular.

4 July 2024

ECB’s Knot: There Are Rollover Risks Still in the Pipeline

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Klaas Knot on Wednesday said that the discussion of fiscal policy and sovereign debt was back on the radar and that rollover risk could still materialise.

3 July 2024

ECB’s Stournaras: Two Additional Rate Cuts Reasonable This Year

By Aurėja Bobelytė – VILNIUS (Econostream) – Two more rate cuts are possible this year, given that the euro area would remain in restrictive territory after that amount of policy easing, European Central Bank Governing Council member Yannis Stournaras said Wednesday.

3 July 2024

ECB’s Lagarde: Baseline Disinflation Scenario Unequivocal, Despite Bumpiness

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that the latest euro area inflation figures showed that disinflation in the region would be bumpy, but that the 2% target would be met in 2025.

2 July 2024

ECB’s Centeno: ‘I Expect a Few More Rate Cuts This Year’

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that the ECB would continue to follow its meeting-by-meeting approach and that if the data were favourable, there would be more interest rate cuts this year.

2 July 2024

ECB’s Vasle: Future Rate Cuts Dependent on Incoming Data

By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Tuesday said that interest rates could be reduced further this year if everything evolved as expected.

2 July 2024

ECB’s Müller: Further Monetary Policy Easing Possible if New Data Allow It

By Aurėja Bobelytė – VILNIUS (Econostream) – Monetary policy could be eased further this year if incoming data support the latest projections, European Central Bank Governing Council member Madis Müller said Tuesday.

2 July 2024

ECB’s de Guindos: ‘We Have to Be Extremely Prudent and Extremely Cautious’

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday warned that the next months would be difficult for the disinflationary process.

2 July 2024

ECB’s Lane: No Urgency to Cut Rates, Can Take Time to Confirm Disinflation

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday echoed the words of ECB President Christine Lagarde the previous evening, namely that the ECB was in no hurry to cut interest rates further and could wait for more data.

2 July 2024

Exclusive: Transcript of Interview with ECB Governing Council member Kazāks on 29 June 2024

By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 29 June with Mārtiņš Kazāks, Governor of Latvijas Banka and member of the Governing Council of the European Central Bank:

2 July 2024

Exclusive: ECB’s Kazāks: If Inflation Moves Sideways but Outlook Doesn’t Change, a September Cut Is Possible

By David Barwick – FRANKFURT (Econostream) – If euro area inflation fails to subside in the coming months but price stability is still seen being restored by the end of next year, then the European Central Bank would need to consider a further interest rate cut in September, ECB Governing Council member Mārtiņš Kazāks said Saturday.

2 July 2024

ECB’s Centeno: Confident About Disinflation, but Must Remain Prudent

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that the ECB was confident about the disinflation path, but that it was still necessary to act prudently.

2 July 2024

ECB’s Makhlouf: Comfortable With One More Rate Cut in 2024; Two Is Too Many

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Tuesday said that he agreed with the pricing of one more interest rate cut this year, but that from today’s perspective, two cuts would be too many, even if not excluded.

2 July 2024