By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that digitalisation could help increase productivity in Germany.
22 March 2024
By David Barwick - VALLETTA (Econostream) - Following is the full transcript of the interview conducted by Econostream on 18 March 2024 with Edward Scicluna, Governor of the Central Bank of Malta and member of the Governing Council of the European Central Bank:
22 March 2024
By David Barwick - VALLETTA (Econostream) – It is by no means excluded that the European Central Bank will see its way to a first rate cut in April, according to Edward Scicluna, Governor of the Central Bank of Malta and member of the ECB’s Governing Council.
22 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that that current data showed inflation converging to the target by 2025, which increased the probability of a reduction in interest rates before the summer break.
22 March 2024
By David Barwick – FRANKFURT (Econostream) – The higher probability than often assumed that euro area inflation will prove sticky justifies monetary policy restraint, European Central Bank Governing Council member Robert Holzmann said Friday.
22 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Policy measures to put economies on greener footing may also stoke inflation, European Central Bank Governing Council member Boštjan Vasle said Friday.
22 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Friday said that the ECB was closely monitoring whether the current wage deceleration was compatible with the 2% inflation target and justified a cut in interest rates.
22 March 2024
By Isabel Teles – FRANKFURT (Econostream) – Germany is unlikely to see an economic recovery in the second quarter of 2024, mostly due to the weak industrial performance, the German Bundesbank said on Thursday in its latest monthly report.
21 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The economy remains weak, but a gradual recovery is expected in 2024, according to the European Central Bank's latest Economic Bulletin, published Thursday.
21 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Wednesday said that market pricing should not be the basis of central banks’ assessment of the natural rate of interest, r*.
20 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that core inflation was coming down more slowly than historically, which necessitated that attention be paid to services prices.
20 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – A slowdown in food price inflation is expected in the wake of the fading impact of external shocks on energy and food commodity prices, according to an Economic Bulletin paper pre-released by the European Central Bank on Wednesday.
20 March 2024
By David Barwick – FRANKFURT (Econostream) – Monetary policy could have a greater dampening effect on economic activity than anticipated, European Central Bank Governing Council member Pablo Hernández de Cos said Wednesday.
20 March 2024
By David Barwick – FRANKFURT (Econostream) – Achieving disinflation would be facilitated by fiscal policies that took a medium-term view, European Central Bank Governing Council member Pablo Hernández de Cos said Wednesday.
20 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Consumers’ main strategy to cope with inflation is by adjusting their consumption, according to an Economic Bulletin paper pre-released by the European Central Bank on Wednesday.
20 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday said that the ECB was not yet completely confident about the inflation path but that it would not wait forever and that the next months would bring more information to support a first rate cut in June.
20 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday made it clearer yet that the ECB would before long, most probably in June, start easing its monetary policy stance, even in the absence of complete certainty about the choice of timing.
20 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The impact of the pandemic and the energy crisis on medium-term productivity growth is uncertain, according to an article published by the European Central Bank on Tuesday.
19 March 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank Governing Council appears headed for a series of rate cuts of 25bp each, with the question of whether these cuts should only occur in conjunction with projection meetings still very much up in the air.
19 March 2024
By David Barwick – FRANKFURT (Econostream) –European Central Bank monetary authorities should care no less about deviations of inflation below the ECB’s price stability target than they do about overshooting it, Governing Council member Pablo Hernández de Cos said Tuesday.
19 March 2024