By Aurėja Bobelytė – VILNIUS (Econostream) – The growing importance of the non-bank sector calls for more global cooperation to address possible risks to the financial system, European Central Bank Governing Council member Gabriel Makhlouf said on Monday.
15 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Saturday said that the ECB's initial rate cut in June had to be followed by more such steps before the end of 2024.
13 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Central banks should be transparent about monetary policy and its impact on price stability, European Central Bank Governing Council member Klass Knot said on Friday.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Friday said that it was necessary to further understand cyber risks to financial stability in order to mitigate them.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Friday said that it would soon be possible to adopt a less restrictive monetary policy, as there had been good news on inflation.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Friday said that economic recovery in the euro area might be at risk if the ECB kept its restrictive monetary policy stance for too long.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Friday urged that the ECB not follow the US Federal Reserve regarding the timing of interest rate cuts.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that the disinflationary process was increasing the Governing Council’s confidence that it could cut interest rates in June.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that the ECB would start cutting interest rates if inflation was seen converging sustainably to the 2% target.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Friday said that if inflation continued to descend towards the 2% target, interest rates would be cut in June.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Friday said that central banks needed to understand the economy's supply side better.
12 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that if inflation was further confirmed to be headed towards the 2% target, then the monetary policy stance would change.
11 April 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided again to keep its three key interest rates unchanged, as widely expected by markets and analysts, but suggested that a reduction would soon be appropriate.
11 April 2024
By David Barwick – FRANKFURT (Econostream) – When European Central Bank Governing Council members of such disparate stripes as Austrian National Bank’s Robert Holzmann and De Nederlandsche Bank’s Klaas Knot on the hawkish side or Bank of Greece Governor Yannis Stournaras and Banco de España head Pablo Hernández de Cos on the dovish side all clearly expect the ECB to start loosening monetary policy in June, then a first rate cut in June should be everyone’s central scenario.
10 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank’s latest Bank Lending Survey (BLS), released on Tuesday, showed a significant decline in loan demand from firms, contrary to euro area banks' expectations of a recovery.
9 April 2024
By Isabel Teles – FRANKFURT (Econostream) – Wage growth in jobs advertised online in euro area countries fell in March, making the deceleration trend clearer, according to new data released by Indeed.
9 April 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Constantinos Herodotou will be replaced as of this Thursday, the office of the president of Cyprus announced on Monday.
8 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Euro area firms’ inflation expectations declined in the first quarter of 2024, according to the Survey on the Access to Finance of Enterprises (SAFE) published Monday by the European Central Bank.
8 April 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 7 March, but earlier comments can still be seen in versions up to that of 4 March .
8 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank monetary policy will continue to be tight this year, ECB Governing Council member Yannis Stournaras said Monday.
8 April 2024