By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Monday that it was difficult to determine whether downside or upside risks prevailed with regards to inflation.
24 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said on Monday that he was cautious about how the ECB should proceed.
24 March 2025
By David Barwick – FRANKFURT (Econostream) – Following our initial member-by-member review of the European Central Bank Governing Council exactly two weeks ago, it is time to take another look at where policymakers stand regarding the April decision to cut or to pause.
24 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Monday that the ECB now had more reasons to cut further than in its last monetary policy meeting on March 6.
24 March 2025
By David Barwick – ATHENS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 20 March with Yannis Stournaras, Governor of the Bank of Greece and member of the Governing Council of the European Central Bank:
21 March 2025
By David Barwick – ATHENS (Econostream) – All currently available information suggests that another interest rate cut will be appropriate at the European Central Bank’s 17 April monetary policy meeting, but high uncertainty means that no particular outcome can be taken for granted, according to ECB Governing Council member Yannis Stournaras.
21 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Thursday that the direction of inflation was now harder to predict than it had been for a long time.
20 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Thursday that exemptions from fiscal discipline granted to enable higher defense spending should be temporary and limited.
20 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Thursday that the recent rise of European bond yields suggested that the impact of higher defense spending on inflation expectations will not be significant.
20 March 2025
By David Barwick – FRANKFURT (Econostream) - European Central Bank President Christine Lagarde on Thursday said that if the US applied a tariff of 25% to European goods, this would make inflation prospects much less clear, with a likely short-term inflation increase that would diminish in the medium term as consequent economic weakness mitigated price pressures.
20 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Wednesday that the ECB was feeling reassured about inflation reaching the 2% target in the next six months.
19 March 2025
By David Barwick and Marta Vilar – VALLETTA (Econostream) - Following is the full transcript of the interview conducted by Econostream on 18 March with Alexander Demarco, Acting Governor of the Central Bank of Malta and alternate member of the Governing Council of the European Central Bank:
19 March 2025
By David Barwick and Marta Vilar – VALLETTA (Econostream) – While elevated uncertainty implies that a pause in monetary policy easing cannot currently be excluded in April, there may be reason for the European Central Bank to stick to the ‘default’ option of another rate cut, according to ECB Governing Council alternate member Alexander Demarco.
19 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Boris Vujčić said on Tuesday that the outcome of the Governing Council’s meeting in April is ‘completely open’.
18 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Tuesday that the ECB wanted to retain ‘full freedom of action’ and was not going to precommit with respect to its next interest rate decision.
18 March 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday repeated his expectation that the ECB would hit the terminal rate of 2% by 4Q of this year.
17 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday that the initial inflationary impact of tariffs could be offset by the weakening of economic activity.
17 March 2025
By David Barwick – FRANKFURT (Econostream) – In the review we published one week ago of where each European Central Bank Governing Council member appeared to stand with respect to April’s monetary policy decision, we had to relegate ECB Vice President Luis de Guindos to the category ‘too unclear to call’. Not anymore.
17 March 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Sunday gave an upbeat assessment about the likelihood that euro area inflation would return to 2% in the medium term.
16 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Friday that he would like to see services inflation declining further.
14 March 2025