By David Barwick – GHENT, Belgium (Econostream) – It remains too soon for the European Central Bank to consider the current level of monetary restrictiveness to have been maintained long enough, given uncertainty about developments and the need to avoid a resurgence of inflation, Governing Council member Mārtiņš Kazāks said Friday.
28 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that the ECB would reduce its interest rates when there was enough data-based confidence that inflation was converging to target.
28 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that more wage data were necessary to confirm that the inflation target would be reached in a timely manner.
28 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Tuesday said that as climate risks directly affect financial stability, they should be addressed by central banks.
27 February 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 25 January, but earlier comments can still be seen in versions up to that of 19 January .
26 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Monday said that despite a global deceleration of inflation, the financial stability outlook was still challenging and demanded caution.
26 February 2024 Central Bank News
By Roxana Zabrautanu – BUCHAREST (Econostream) – Following is the full transcript of the interview conducted by Econostream on 14 February with Stefan Nanu, Director General of the Romanian State Treasury.
26 February 2024 Central Bank News
By Roxana Zăbrăuțanu – BUCHAREST (Econostream) – The successful issuance by the Romanian Treasury of $4 billion in bonds is evidence of very strong demand, according to General Director Ștefan Nanu.
26 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that remaining wage pressures would continue to affect inflation ahead.
26 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said that there had been progress in inflation, but not enough to declare the fight won.
26 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Saturday said that the ECB could wait for more information on wages before deciding its next monetary policy move.
24 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s consumer expectations survey, released Friday, showed that in January, median expectations of inflation over the next 12 months rose slightly from 3.2% to 3.3%, while expectations over the next three years remained stable at 2.5%.
23 February 2024 Central Bank News
By Isabel Teles – MILAN, Italy (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that there was evidence showing that financial conditions were already easing in anticipation of an ECB interest rate cut.
23 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Friday said that a realistic approach to economic fragmentation was necessary and that a strong European Single Market could contribute to reversing fragmentation.
23 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the Governing Council must be open to discussing interest rate cuts in the next meeting, as a lot of new information would be available then.
23 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that the ECB still needed more confidence in the disinflation process, however encouraging recent wage data were.
23 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that more clarity on the price outlook, which now depended mostly on wages and profits, was necessary to support the decision of reducing interest rates.
23 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that a gradual approach to cutting interest rates would be better.
23 February 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – Two sources of wage data released this week sent mixed signals, but an expert responsible for an indicator of high importance to European Central Bank monetary policy has assured Econostream that on balance, the deceleration of wages was broad-based and set to continue.
22 February 2024 Central Bank News
By David Barwick - FRANKFURT (Econostream) - European Central Bank Governing Council member Pierre Wunsch on Wednesday suggested that markets might be over-optimistic about ECB monetary policy easing.
21 February 2024 Central Bank News