Exclusive News


Exclusive: ECB’s Šimkus: ‘Quite Unlikely’ We’ll Cut Rates in October

Exclusive: ECB’s Šimkus: ‘Quite Unlikely’ We’ll Cut Rates in October

By David Barwick and Marta Vilar – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday delivered a clear endorsement of a rate cut in September but deemed further easing as soon as October, as well as a step of more than 25bp, ‘quite unlikely’.

3 September 2024
ECB Insight: While Ultimately Unlikely to Give Fragmentation a Pass, Insiders Hate to Even Think About TPI and France

ECB Insight: While Ultimately Unlikely to Give Fragmentation a Pass, Insiders Hate to Even Think About TPI and France

By David Barwick – FRANKFURT (Econostream) – European Central Bank insiders show great reluctance even to consider a priori the use of the transmission protection instrument (TPI) for the benefit of France, but seem disinclined to tolerate fragmentation, were it to really come to it, based on the views of various Eurosystem insiders who spoke to Econostream recently on the subject.

5 July 2024