By Marta Vilar – MADRID (Econostream) – With the trauma of the last energy crisis still fresh, the latest price spike for such commodities has European Central Bank Governing Council members vigilant but not yet overly concerned about its implications for inflation.
13 February 2025 Central Bank News
By Marta Vilar – LONDON (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Wednesday that the ECB should not be overly optimistic about the next interest rate decision.
12 February 2025 Central Bank News
By Marta Vilar – LONDON (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Wednesday that gradualism in setting monetary policy was increasingly called for as the ECB’s easing cycle neared the neutral rate.
12 February 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) - European Central Bank Executive Board member Frank Elderson on Wednesday avoided attempts to elicit from him any information directly touching on the outlook for coming monetary policy decisions, though he did acknowledge that inflation was converging to the ECB’s target.
12 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Tuesday that the European Union should avoid an escalation with the US in a potential trade war.
11 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Tuesday that the ECB’s interest rate cuts could help deal with a feeble economy but could not remedy structural problems.
11 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Monday that the inflation outlook could face yet more uncertainty if global trade tensions worsened.
10 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday after US President Donald Trump announced a 25% tariff on all imports on steel and aluminium that the European Union should engage in discussion with the US.
10 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that he was not uncomfortable with current market expectations of more cuts, but that the ECB's policy had to emphasise ‘agility’.
7 February 2025 Central Bank News
- ECB: r* estimates ‘fraught with measurement and model specification challenges and … highly uncertain’
- ECB: r* estimates ‘cannot be seen as a mechanical gauge of appropriate monetary policy’
- ECB: ‘There is no alternative to taking decisions on the basis of a comprehensive analysis’
By David Barwick – FRANKFURT (Econostream) – The interview published on Thursday with European Central Bank Executive Board Piero Cipollone suggests that there is a dawning realisation on Frankfurt’s East Side that ECB monetary policy may find itself confronting a new reality sooner than some expected.
7 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said that the ECB would react if the inflation path deviated from reaching the 2% target.
7 February 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank former and incoming Governing Council member Mārtiņš Kazāks on Thursday got the approval of Latvia’s Parliament, the Saeima, for a second term at the head of Latvijas Banka.
6 February 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Thursday said that the incoming information since the ECB’s December macroeconomic projections was more or less in line with the current direction of monetary policy.
6 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Wednesday that tariffs would have a negative effect in Europe on growth but an uncertain impact in terms of inflation.
5 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council Chief Economist Philip Lane said on Wednesday that the neutral rate played a certain role but was not an important element of the next policy decision.
5 February 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Here are some aspects of the interview of European Central Bank Vice President Luis de Guindos’ with Slovakian business daily Hospodárske Noviny, published Wednesday, that we regard as particularly significant:
5 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Wednesday that the neutral rate should not be used as an indicator of future monetary policy moves.
5 February 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Tuesday called on the European Union to respond in kind to any negative trade measures aimed at the EU by US President Donald Trump.
4 February 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Monday that new tariffs imposed by US President Donald Trump on Mexico and Canada would backfire on the US.
3 February 2025 Central Bank News