By David Barwick – FRANKFURT (Econostream) – The European Central Bank has to be sure that it does not initiate policy easing too soon, given ongoing threats to price stability, ECB Executive Board member Isabel Schnabel said Friday.
16 February 2024
By David Barwick – FRANKFURT (Econostream) – A member-by-member review of the European Central Bank Governing Council with respect to the preference to tackle policy easing more or less slowly reveals that the camp of those continuing to see interest rate cuts as premature dominates, though the opposition has gained ground.
16 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Thursday said that the ECB was not yet ready to cut interest rates, but that this would be the next monetary policy move.
15 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that disinflation was continuing and would see inflation decline over the current year.
15 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Wednesday described himself as open-minded with regard to what happens with ECB interest rates.
14 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday said that the ECB was continuing to pursue technical work on a digital euro.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday understatedly but resolutely discouraged very short-term rate cut expectations even as he recognised the progress in disinflation so far and voiced the anticipation that this would continue.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the ECB required additional time to obtain the data needed to give it confidence about the sustainable restoration of price stability.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Wednesday said that the ECB was awaiting further data before cutting interest rates.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – The European Central Bank is achieving success in its effort to get inflation under control, ECB Governing Council member Boris Vujčić said Wednesday.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that he was optimistic about inflation developments.
14 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Tuesday said that the American Inflation Reduction Act (IRA) was inferior to Europe’s strategy in dealing with the climate transition, even if Europe had much room for improvement.
13 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that ECB would cut interest rates according to its success in restoring price stability.
13 February 2024
By David Barwick – BRUSSELS (Econostream) - Following is the transcript of a brief chat that took place on 8 February 2024 between Econostream and Pierre Wunsch, Governor of the National Bank of Belgium and member of the Governing Council of the European Central Bank, following the latter’s presentation at a public event we reported on at the time.
12 February 2024
By David Barwick – BRUSSELS (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Thursday said that while an argument could be made for deferring monetary policy easing until more data became available, the risks of deciding not to continue to wait were also not great.
12 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Monday said that monetary policy no longer had to create economic slack to get inflation under control.
12 February 2024
By David Barwick – MADRID (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Monday said that Europe had to be particularly attentive to issues of suppy security and that regionalisation could supplant globalisation.
12 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos’ reluctance to pin a date to the ECB’s first rate cut should not obscure the fact that he is now apparently supportive of discussing the issue rather than continuing to keep it at arm’s length.
12 February 2024
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 25 January, but earlier comments can still be seen in versions up to that of 19 January .
12 February 2024