By David Barwick – FRANKFURT (Econostream) – The inclusion of owner-occupied housing (OOH) in annual euro area HICP would impact the latter in an amount between -1.2 and +0.4 points, the European Central Bank said on Monday.
11 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Saturday said that when the time came for the ECB to modify its monetary policy stance, gradual changes would be preferable.
11 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Sunday said that information to come over the second quarter should put the ECB in a position where it could consider cutting interest rates.
10 March 2024
By David Barwick – FRANKFURT (Econostream) – The risk that a European Central Bank rate cut would turn out to have been too early is now significantly lower, Governing Council member Olli Rehn said on Friday.
8 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that the ECB may in the next months gain the necessary confidence whose lack had motivated yesterday’s decision to leave rates untouched.
8 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that interest rates were likely to be reduced in the spring.
8 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that it remained uncertain whether the ECB would have to tighten monetary policy further.
8 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that the ECB’s next moves would depend on incoming information, and noted that the disinflationary process had decelerated lately.
8 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the Governing Council had started the discussion about changing the monetary policy stance, but that it still required more data to be sure about the disinflation process.
7 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday delivered a performance in line with the largest part of Governing Council members’ communication in recent weeks pointing to June as being the likeliest start of monetary policy easing.
7 March 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided once again to keep its three key interest rates unchanged, as widely expected by markets and analysts.
7 March 2024
By David Barwick – FRANKFURT (Econostream) – Aside from a few outliers impatient for looser European Central Bank monetary policy (and a number favouring a particularly leisurely approach), it is apparent at this point that the Governing Council has its sights tentatively set on the June meeting as the most promising candidate for the first rate cut.
6 March 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s updated macroeconomic forecasts are likely to show lower inflation for 2024 and possibly also 2025, according to an ECB insider who spoke to Econostream recently.
5 March 2024
They Said It - Recent Comments of ECB Governing Council Members
4 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that a strong and consistent regulatory system was necessary for crypto assets’ benefits to be completely realised.
29 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that the disinflation process had exceeded predictions.
29 February 2024
By David Barwick – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 26 February with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
28 February 2024
By David Barwick – VILNIUS (Econostream) – It would not be inappropriate for the European Central Bank Governing Council at its meeting next week to start a discussion around monetary policy easing, even if March remains premature for a first rate cut, ECB Governing Council member Gediminas Šimkus said Monday.
28 February 2024
By David Barwick – GHENT, Belgium (Econostream) – Following is the full transcript of the interview conducted by Econostream on 23 February with Mārtiņš Kazāks, Governor of Latvijas Banka and member of the Governing Council of the European Central Bank:
28 February 2024
By David Barwick – GHENT, Belgium (Econostream) – It remains too soon for the European Central Bank to consider the current level of monetary restrictiveness to have been maintained long enough, given uncertainty about developments and the need to avoid a resurgence of inflation, Governing Council member Mārtiņš Kazāks said Friday.
28 February 2024