Exclusive News


Exclusive: ECB Insider: Even a Negative May HICP Surprise Might Not Derail a June Rate Cut

Exclusive: ECB Insider: Even a Negative May HICP Surprise Might Not Derail a June Rate Cut

By David Barwick – FRANKFURT (Econostream) – Even a very poor spot euro area inflation reading this month would not necessarily dissuade the European Central Bank’s Governing Council from going through with the 25bp rate cut that has been amply signalled for its June meeting, in the view of a Eurosystem insider who spoke to Econostream recently.

14 May 2024
Exclusive: ECB’s Kazāks: Haven’t Kept Current Tight Policy in Place Long Enough

Exclusive: ECB’s Kazāks: Haven’t Kept Current Tight Policy in Place Long Enough

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