By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Tuesday said that he agreed with the pricing of one more interest rate cut this year, but that from today’s perspective, two cuts would be too many, even if not excluded.
2 July 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will need time to be convinced that the threat of too-high inflation has subsided, ECB President Christine Lagarde said Friday.
1 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that the German economy was showing signs of recovery and called for policy measures to increase investment in the country.
1 July 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Two more rate cuts in 2024 could be possible, if data support this, European Central Bank Governing Council member Gediminas Šimkus said Monday.
1 July 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Further interest rate cuts could pose a challenge if inflation continues to hover around 2.5%, European Central Bank Governing Council member Pierre Wunsch said Monday.
1 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the disinflation process had been successful and that the focus should not be on volatile data.
28 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – One more interest rate cut could be expected in 2024, European Central Bank Governing Council member Peter Kažimír said Thursday.
27 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank’s consumer expectations survey for May, released Friday, showed inflation expectations at the lowest level since September 2021.
28 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday said that European banking supervisors needed to focus on the identification and timely remediation of risks.
27 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Thursday said the current state of the economy in the euro area, with low unemployment and the perspective of a soft landing, made it unnecessary to hurry with monetary policy easing .
27 June 2024 Central Bank News
By David Barwick – HELSINKI (Econostream) – European Central Bank Governing Council member Olli Rehn on Wednesday made clear that he, too, respected the ECB’s data-driven, meeting-by-meeting approach to setting monetary policy.
26 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that the ECB would normalise its monetary policy stance after the last mile of disinflation had been dealt with.
26 June 2024 Central Bank News
By David Barwick – HELSINKI (Econostream) – The European Central Bank should not be in any hurry about lowering interest rates, according to ECB Governing Council member and head of Latvijas Banka Mārtiņš Kazāks on Wednesday.
26 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that monetary analysis was core to the ECB’s monetary policy assessment.
26 June 2024 Central Bank News
By David Barwick and Isabel Teles – HELSINKI (Econostream) – European Central Bank Governing Council member Fabio Panetta on Wednesday said that the macroeconomic scenario allowed for further monetary policy normalisation and called for the ECB not to approach easing too timidly.
26 June 2024 Central Bank News
By David Barwick – HELSINKI (Econostream) – European Central Bank Governing Council member Fabio Panetta on Wednesday expressed a surprisingly dim view of his Finnish colleague’s disregard earlier in the day for the ECB’s data-dependent, meeting-by-meeting approach to policymaking.
26 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) - Bulgaria, the Czech Republic, Hungary, Poland, Romania and Sweden recorded average inflation rates above the reference value of 3.3%, according to the 2024 Convergence Report published Wednesday by the European Central Bank.
26 June 2024 Central Bank News
By David Barwick – HELSINKI (Econostream) – European Central Bank Governing Council member Olli Rehn on Wednesday said that euro area inflation would ultimately settle down at the ECB’s price stability target, notwithstanding latest developments.
26 June 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – It is truly remarkable to what extent European Central Bank Governing Council members diverge in their interpretation of what a data-dependent, meeting-by-meeting approach to policymaking means in practice.
26 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – Carbon emissions associated with the Eurosystem’s corporate sector portfolios have declined, and interim targets would be set to monitor the emission reduction, according to the latest climate-related financial disclosures published Tuesday by the European Central Bank.
25 June 2024 Central Bank News