Central Bank

Central Bank of Ireland: Irish Economy Resumes Growth After Retraction

By Isabel Teles – FRANKFURT (Econostream) – Irish gross domestic product rose by 0.9% on the quarter in Q1 after five successive periods of retraction, and the domestic economy was projected to keep gradually expanding, the Central Bank of Ireland said on Tuesday in its latest quarterly bulletin.

ECB’s Patsalides: Euro Area Domestic Price Pressures Still Strong, Wage Growth Elevated

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Christodoulos Patsalides on Tuesday that euro area domestic inflation was still strong and wage growth high.

ECB’s Villeroy: France Should Not Further Increase Deficits

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that French economic and budgetary strategy needed to be clarified and that deficits should not be further expanded.

ECB’s Makhlouf: We Consider External Factors, but We Don’t Follow the Fed

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Monday said that when deciding on interest rates, the ECB looked at the impact of external influences on the euro area but did not follow the United States Federal Reserve’s monetary policy.

ECB’s Lane: Need More Than Another Month to Assess Momentum in Services Inflation

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that some of the questions that the ECB had about the disinflation process were still open and that the answers wouldn’t be available by the next Governing Council meeting in July.

ECB’s Vujčić: Delay in Disinflation Could Postpone Rate Cut

By Aurėja Bobelytė – VILNIUS (Econostream) – Any delay in reaching the target inflation level could push back a further reduction of interest rates, European Central Bank Governing Council member Boris Vujčić said Monday.

ECB’s Lagarde: To Continue to Set Rate Path Based on Tripartite Reaction Function

By David Barwick – DUBROVNIK, Croatia (Econostream) – The European Central Bank will continue to set monetary policy based on its current three-pronged reaction function, ECB President Christine Lagarde said Friday.

ECB’s Kazāks: Selected Quotes From Panel Participation

ECB’s Lagarde: Selected Quotes From Press Encounter

ECB’s Centeno Calls for Prudence on Interest Rates

By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the ECB must remain data-dependent and prudent after cutting interest rates.

ECB’s Lane: Selected Quotes From Panel Participation

By David Barwick – DUBROVNIK, Croatia (Econostream) – Following are selected quotes from European Central Bank Executive Board member Philip Lane on Friday, speaking on Friday during a panel discussion of the Dubrovnik Economic Conference:

ECB’s Vasle: Further Rate Cuts Possible in 2024 If Data Allow it

By Aurėja Bobelytė – VILNIUS (Econostream) – More interest rate cuts are likely this year as long as the data allow it, European Central Bank Governing Council member Boštjan Vasle said Thursday.

ECB’s Vasle: Future Rate Cuts Will Be Gradual

By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank monetary policy easing will be graduaal, ECB Governing Council member Boštjan Vasle said Thursday.

Principal Quote of ECB’s de Guindos

By David Barwick – FRANKFURT (Econostream) – Following is the principal quote from the livestreamed MNI Connect event on Wednesday with European Central Bank Vice President Luis de Guindos on Wednesday:

ECB’s de Guindos: ‘Huge’ Uncertainty Demands Caution for Future Rate Cuts

By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday called for caution in reducing interest rates in the future, given high uncertainty.

ECB’s Kazāks: Sharp Rate Cuts Unlikely in the Near Future

By Aurėja Bobelytė – VILNIUS (Econostream) – A rapid reduction of interest rates is unlikely, as the European Central Bank has to have certainty that inflation will remain at low levels, ECB Governing Council member Mārtiņš Kazāks said Wednesday.

Exclusive: Transcript of Interview with Swedish NDO Head of Funding Johan Bergström

Exclusive: Transcript of Interview with Swedish NDO Head of Funding Johan Bergström

Exclusive: Sweden National Debt Office Head of Funding: No Further Syndications in 2024

By Aurėja Bobelytė – VILNIUS (Econostream) – The Swedish National Debt Office (NDO) has completed its syndications for this year, according to Johan Bergström, Head of Funding at NDO.

ECB’s Villeroy Appeals Again for ‘Pragmatic Gradualism’, Defends Timing of First Cut

By David Barwick – VIENNA (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday reiterated his preference for future rate cuts to be subject to ‘pragmatic gradualism’, whilst defending the timing of last week’s 25bp rate cut as appropriate.

ECB’s Rehn: Not Pre-Committing to Any Rate Path

By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank is not committing to a pre-determined rate path, ECB Governing Council member Olli Rehn said Tuesday.