By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that the conditions to start cutting interest rates were materialising as inflation was falling and the risks to price stability had diminished.
28 March 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Climate change constitutes a grave danger to the stability of economies and the financial system, European Central Bank Executive Board member Frank Elderson said on Wednesday.
27 March 2024 Central Bank News
By Isabel Teles – BRUSSELS (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday said that waiting too long to reduce interest rates could pose risks to economic growth in the context of already weak activity.
27 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday faithfully carried on the tradition of his predecessor with a speech intended above all to undermine the ECB’s unjustifiably timid approach to monetary easing.
27 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday indicated that he had no problem with financial market expectations of a June ECB rate cut.
27 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank Governing Council has reached a consensus to start cutting rates in June, and a total of four cuts by the end of the year would be reasonable, Governing Council member Yannis Stournaras said Tuesday.
26 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The rhetoric coming from the European Central Bank has for some time been perceived as favouring a first rate cut in June. A closer look at the publicly stated positions of Governing Council members only confirms this impression.
26 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that when there was confirmation that inflation was converging to the 2% target, the Governing Council would consider cutting interest rates.
25 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Monday said the recent inflation developments were increasing the consensus behind an interest rate cut within the Governing Council.
25 March 2024 Central Bank News
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 7 March, but earlier comments can still be seen in versions up to that of 4 March .
25 March 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Joachim Nagel on Saturday said that cutting key interest rates before the summer break is becoming increasingly possible.
23 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that in order for the March macroeconomic projections to materialise, the current deceleration in wage growth was necessary.
22 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that digitalisation could help increase productivity in Germany.
22 March 2024 Central Bank News
By David Barwick - VALLETTA (Econostream) - Following is the full transcript of the interview conducted by Econostream on 18 March 2024 with Edward Scicluna, Governor of the Central Bank of Malta and member of the Governing Council of the European Central Bank:
22 March 2024 Central Bank News
By David Barwick - VALLETTA (Econostream) – It is by no means excluded that the European Central Bank will see its way to a first rate cut in April, according to Edward Scicluna, Governor of the Central Bank of Malta and member of the ECB’s Governing Council.
22 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that that current data showed inflation converging to the target by 2025, which increased the probability of a reduction in interest rates before the summer break.
22 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The higher probability than often assumed that euro area inflation will prove sticky justifies monetary policy restraint, European Central Bank Governing Council member Robert Holzmann said Friday.
22 March 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Policy measures to put economies on greener footing may also stoke inflation, European Central Bank Governing Council member Boštjan Vasle said Friday.
22 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Friday said that the ECB was closely monitoring whether the current wage deceleration was compatible with the 2% inflation target and justified a cut in interest rates.
22 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – Germany is unlikely to see an economic recovery in the second quarter of 2024, mostly due to the weak industrial performance, the German Bundesbank said on Thursday in its latest monthly report.
21 March 2024 Central Bank News