By Isabel Teles – FRANKFURT (Econostream) – The German economy contracted in the fourth quarter of 2023 and might shrink again in the first quarter of 2024, leading to a technical recession, the German Bundesbank said on Monday in its latest monthly report.
19 February 2024
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 25 January, but earlier comments can still be seen in versions up to that of 19 January .
19 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the danger of waiting too long to cut interest rates was now at least as great as that of cutting them too early.
16 February 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank has to be sure that it does not initiate policy easing too soon, given ongoing threats to price stability, ECB Executive Board member Isabel Schnabel said Friday.
16 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Thursday said that the ECB was not yet ready to cut interest rates, but that this would be the next monetary policy move.
15 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that disinflation was continuing and would see inflation decline over the current year.
15 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Wednesday described himself as open-minded with regard to what happens with ECB interest rates.
14 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday said that the ECB was continuing to pursue technical work on a digital euro.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the ECB required additional time to obtain the data needed to give it confidence about the sustainable restoration of price stability.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Wednesday said that the ECB was awaiting further data before cutting interest rates.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – The European Central Bank is achieving success in its effort to get inflation under control, ECB Governing Council member Boris Vujčić said Wednesday.
14 February 2024
By David Barwick – SPLIT, Croatia (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that he was optimistic about inflation developments.
14 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Tuesday said that the American Inflation Reduction Act (IRA) was inferior to Europe’s strategy in dealing with the climate transition, even if Europe had much room for improvement.
13 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that ECB would cut interest rates according to its success in restoring price stability.
13 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Monday said that monetary policy no longer had to create economic slack to get inflation under control.
12 February 2024
By David Barwick – MADRID (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Monday said that Europe had to be particularly attentive to issues of suppy security and that regionalisation could supplant globalisation.
12 February 2024
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 25 January, but earlier comments can still be seen in versions up to that of 19 January .
12 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Sunday declined to give explicit calendar guidance as to when ECB monetary easing might start, but confirmed that disinflation was well underway and observed that the next set of projections would determine how confident policymakers could be about the outlook.
11 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Saturday said that the moment to change the ECB’s monetary policy stance was coming soon.
10 February 2024
By David Barwick – FRANKFURT (Econostream) – Expectations of a European Central Bank interest rate cut in March or April are optimistic, according to ECB Governing Council member Mārtiņš Kazāks on Friday.
9 February 2024