By David Barwick – LONDON (Econostream) – The ongoing transmission of European Central Bank monetary policy could result in weaker-than-expected economic growth, according to Governing Council member Pablo Hernández de Cos on Wednesday.
1 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank should refrain from cutting key interest rates back-to-back in June and July, ECB Governing Council member Robert Holzmann said Tuesday.
30 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Monday said that even with considerable risks around inflation, the 2% target would be reached in 2025.
29 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Monday said that his confidence about the disinflationary process was growing, but that key conditions related to the labour market needed to materialise for the ECB's 2% target to be met.
29 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Friday said that market surprises were not ruled out and that there was still scepticism about de disinflationary process.
26 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the ECB’s projections already showed inflation fluctuating around 2% in 2024 and that the Governing Council shouldn’t wait until the price stability target was met to start dialling back monetary restrictiveness.
26 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank’s consumer expectations survey, released Friday, showed inflation expectations over the next 12 months down in March, while expectations for economic growth remained unchanged.
26 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Thursday said that changes required for the euro area to become a climate-neutral economy would require considerable investment, which could impact inflation and induce a monetary policy response.
25 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that even with disinflation progressing in many areas of the world, the stubborness of inflation ruled out complacency.
25 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Inflation is expected to remain stable and to reach the 2% target in 2025, according to the European Central Bank’s latest Economic Bulletin, published Thursday.
25 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – A gradual economic recovery led by services is expected over the course of 2024, according to the European Central Bank’s latest Economic Bulletin, published Thursday.
25 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Thursday said that services inflation was still a worry and that it was necessary to remain watchful of unit labour costs.
25 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that reducing interest rates with gradualism would be the best strategy for the ECB to adjust its monetary policy stance and avoid getting behind the curve.
25 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday said that the Eurosystem needed to react to consumers' habits becoming more digitalised.
24 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that high core inflation and strong wage growth made him sceptical about the speed with which price stability would be restored.
24 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The frequency of price changes was found to increase in the context of large inflationary shocks, according to an Economic Bulletin paper pre-released by the European Central Bank on Wednesday.
24 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB would reduce interest rates when there was enough confidence about the inflation outlook, but that wages and productivity were still sources of uncertainty.
23 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that if the disinflationary process continued and nothing unexpected materialised, the ECB would start easing its monetary policy in June.
23 April 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Tuesday said that it was necessary to strengthen the European economy and develop appropriate responses to the risk of fragmentation.
23 April 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Most euro area citizens have some trust or a high level of trust in the European Central Bank, according to survey results presented in an Economic Bulletin pre-released by the ECB on Tuesday.
23 April 2024