Central Bank


ECB’s Villeroy: Must Keep Full Optionality, Agile Pragmatism More Essential Than Ever

ECB’s Villeroy: Must Keep Full Optionality, Agile Pragmatism More Essential Than Ever

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that the ECB should retain full optionality in its actions ahead and that “agile pragmatism” was more essential than ever.

31 October 2025
ECB’s Rehn: Data Did Not Support a Rate Cut; Makes Sense to Wait for More Data

ECB’s Rehn: Data Did Not Support a Rate Cut; Makes Sense to Wait for More Data

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Friday said that data had not warranted a rate cut on Thursday and that it made sense to wait for more information.

31 October 2025
ECB’s Kazāks: Wouldn’t Overestimate the Importance of 2028 Projections

ECB’s Kazāks: Wouldn’t Overestimate the Importance of 2028 Projections

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Friday suggested that the ECB’s 2028 projections to be issued in December were subject to too much uncertainty to motivate any policy shift.

31 October 2025
Bank of Slovenia Dep Gov Dolenc: Growth “Relatively Resilient”, Inflation Close to Target

Bank of Slovenia Dep Gov Dolenc: Growth “Relatively Resilient”, Inflation Close to Target

By David Barwick – FRANKFURT (Econostream) – Bank of Slovenia Deputy Governor Primož Dolenc on Friday said that euro area growth was showing resilience and that following yesterday’s decision to leave interest rates unchanged, the European Central Bank’s Governing Council would adjust its monetary policy stance according to incoming data.

31 October 2025
ECB’s Kocher: Some Recent Data “Have Turned Slightly to the Better”

ECB’s Kocher: Some Recent Data “Have Turned Slightly to the Better”

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martin Kocher on Friday said that developments since the ECB’s September monetary policy decision had “slightly” improved.

31 October 2025
ECB’s Šimkus: Medium-Term Projections Aligned With Our Inflation Target

ECB’s Šimkus: Medium-Term Projections Aligned With Our Inflation Target

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Friday highlighted the alignment of the ECB's projections with the inflation target as the reason not to change interest rates.

31 October 2025
ECB Insight: Lagarde Refreshes, Not Revises, the Message

ECB Insight: Lagarde Refreshes, Not Revises, the Message

By David Barwick – FRANKFURT (Econostream) – It was just as well that the European Central Bank on Thursday also decided to move to the next phase of the digital euro project, which to some degree filled the vacuum left by a monetary policy decision notably short on actual news.

30 October 2025
ECB Keeps Rates Steady at 2%, As Expected

ECB Keeps Rates Steady at 2%, As Expected

By Marta Vilar – FLORENCE, Italy (Econostream) – The European Central Bank’s Governing Council on Thursday decided to keep its key interest rates unchanged, as widely expected by markets and analysts.

30 October 2025
ECB’s Lagarde: “Europe Is Resilient, but It Is Also Vulnerable”

ECB’s Lagarde: “Europe Is Resilient, but It Is Also Vulnerable”

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday urged greater creativity and decisiveness in strengthening Europe’s governance, saying that the continent’s resilience must now be matched by the capacity to act.

29 October 2025
ECB’s Panetta Urges Europe to Press Ahead with Reforms to Secure Growth

ECB’s Panetta Urges Europe to Press Ahead with Reforms to Secure Growth

By Marta Vilar – FLORENCE, Italy (Econostream) – European Central Bank Governing Council member Fabio Panetta on Wednesday stressed the need for Europe to complete its economic and financial union and to push through reforms to sustain long-term growth.

29 October 2025
ECB Insight: The Non-Event, or Patience as Policy

ECB Insight: The Non-Event, or Patience as Policy

By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s policy meeting looks set to be a deliberate non-event designed to blend seamlessly into a series of non-events: rates on hold, no pre-commitment, and the same disciplined message that has dominated for months. Optionality to be preserved, not exercised.

28 October 2025
ECB’s Escrivá: Current ECB Rate Level “Appropriate” as Inflation at Target

ECB’s Escrivá: Current ECB Rate Level “Appropriate” as Inflation at Target

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member José Luis Escrivá said in an interview published Sunday that with euro area inflation now at 2%, the current ECB interest rate level was appropriate.

26 October 2025
ECB’s Lane: Europe Must Deepen Financial Integration and Modernize Central Bank Money

ECB’s Lane: Europe Must Deepen Financial Integration and Modernize Central Bank Money

By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane on Thursday said Europe must accelerate efforts to complete the banking union and the savings and investments union, while ensuring that central bank money keeps pace with financial digitalization.

23 October 2025
Transcript: Interview with ECB Governing Council member Kazāks on 22 October 2025

Transcript: Interview with ECB Governing Council member Kazāks on 22 October 2025

By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 22 October with Mārtiņš Kazāks, Governor of Latvijas Banka and member of the Governing Council of the European Central Bank:

22 October 2025
Exclusive: ECB’s Kazāks: “May Well Be the Case” That Next Rate Move Could as Easily Be a Hike as a Cut

Exclusive: ECB’s Kazāks: “May Well Be the Case” That Next Rate Move Could as Easily Be a Hike as a Cut

By David Barwick – FRANKFURT (Econostream) – It could be that the European Central Bank’s easing cycle has reached the terminal rate and that the next adjustment of interest rates will be upwards, according to ECB Governing Council member Mārtiņš Kazāks on Wednesday.

22 October 2025
ECB’s de Guindos: Interest Rates Adequate, Optimistic About Inflation Outlook

ECB’s de Guindos: Interest Rates Adequate, Optimistic About Inflation Outlook

By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that ECB interest rates were at the appropriate level.

22 October 2025
ECB Insight: Insiders Make Clear a Cut, if One Comes, Would Require Real Change, Not Just Softer Data

ECB Insight: Insiders Make Clear a Cut, if One Comes, Would Require Real Change, Not Just Softer Data

By David Barwick and Marta Vilar – FRANKFURT (Econostream) – Recent conversations by Econostream with multiple European Central Bank policymakers point to one conclusion: any lingering expectations of a December rate cut would be unrealistic unless the policy environment changed significantly.

22 October 2025