ECB’s Lane: Interest Rate Cuts Not a Near-Term Topic
By Isabel Teles – DUBLIN (Econostream) – European Central Bank Executive Board member Philip Lane on Friday said that interest rate cuts would not be discussed soon.
12 January 2024
Central Bank
ECB’s Vujčić: Can Act Sooner if Inflation Falls Faster Than Expected
By David Barwick – FRANKFURT (Econostream) – The European Central Bank can loosen monetary policy sooner than it would otherwise if inflation were to weaken more quickly than projected, ECB Governing Council member Boris Vujčić said Thursday.
11 January 2024
ECB’s Lagarde: Further Hikes Unlikely, Barring New Shocks
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that interest rates were unlikely to increase again if the economic situation remained as expected.
11 January 2024
ECB’s Villeroy: Interest Rates Not Going to Increase Further
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that interest rates had reached their terminal level.
11 January 2024
ECB’s Schnabel: Additional Data Needed to Discuss Interest Rate Cuts
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Wednesday said that more data confirming that inflation had sustainably converged to the ECB’s target were necessary before discussing a reduction in interest rates.
10 January 2024
ECB’s de Guindos: Need to Do More to Ensure Sustainable Price Stability
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that it was necessary to do more to achieve the ECB’s price stability objective.
10 January 2024
ECB’s Wunsch Term at Head of National Bank of Belgium Renewed
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch has been reappointed to a second five-year term at the head of the National Bank of Belgium.
10 January 2024
TRANSCRIPT: Interview with ECB Governing Council Member Centeno on 5 January 2024
By Isabel Teles – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 5 January 2024 with Mário Centeno, Governor of Banco de Portugal and member of the Governing Council of the European Central Bank.
9 January 2024
Exclusive: ECB’s Centeno: ‘Don't Think We Have to Wait Until May to Make Decisions’
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank won’t have to wait until May in order to make coming policy decisions, according to ECB Governing Council member Mário Centeno.
9 January 2024
ECB’s Villeroy: Rates Will Be Cut Once Inflation Firmly Anchored at 2%
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that the appropriate moment for interest rates to be cut in 2024 would be when the inflation outlook was firmly anchored.
9 January 2024
ECB’s New Statistics Show Slight Reduction of Inequality in the Euro Area
By Isabel Teles – FRANKFURT (Econostream) – Inequality in the euro area has declined slightly in the past five years, according to new experimental statistics published Monday by the European Central Bank.
8 January 2024
ECB’s de Cos: Data to Determine When to Start Reducing Interest Rates
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Tuesday said that data developments were decisive for the ECB to start cutting interest rates.
2 January 2024
ECB’s Schnabel: ‘Still Some Way to Go’ Before Inflation Hits 2%
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that the process of bringing inflation to target was still continuing and that it was necessary to see how it would develop.
23 December 2023
ECB’s de Guindos: Too Early to Ease Monetary Policy
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday said that it was not yet the moment to reduce interest rates.
21 December 2023
ECB’s Knot: ‘I Would Be in No Hurry to Cut Interest Rates’
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Wednesday said that he would not be in a rush to consider reducing interest rates, as there were still relevant economic developments to be assessed.
20 December 2023
ECB’s Nagel Cautions Those Speculating About Early Interest Rates Cuts
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday warned whoever was expecting interest rates to be cut soon to be cautious with such speculation.
20 December 2023
ECB’s Lane: 2024 Inflation Forecast Still Distant From Target
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that the 2024 inflation forecast was a long way from the ECB’s definition of price stability.
20 December 2023
ECB’s Kazāks: Policy Easing Could Start in Mid-2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday said that the ECB could start cutting interest rates in mid-2024.
20 December 2023
ECB Research Bulletin: Dovishness May Have Contributed to US GDP Recovery
By Isabel Teles – FRANKFURT (Econostream) – A dovish monetary policy combined with fiscal support may have been key to the recovery of US GDP, according to a research bulletin published Tuesday by the European Central Bank.
19 December 2023
ECB’s Villeroy: Cutting Interest Rates Too Soon Could Risk a Relapse Into Inflation
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that achieving price stability could be at risk if interest rates were cut too early.
18 December 2023