By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Wednesday that US tariffs would cause a ‘contraction of the economy’, while the impact on prices would be ‘ambiguous’.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Wednesday that in light of recent developments, the ECB had to strengthen the European economy.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Wednesday that the ECB would be better off if it took a wait-and-see approach with regard to next week’s monetary policy decision.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB should cut rates soon given the developments that had taken place after the US tariff announcement.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Wednesday that it would take some time for the ECB to find out if the net effect of trade tensions would be deflationary, in which case the central bank should react accordingly.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB should support weak economic growth once its inflation target of 2% is reached.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Wednesday that it was likely that as time went by the inflationary impact of US tariffs would dominate.
9 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Tuesday that he did not see a reason to change his mind about preferring a pause in the ECB's April 17 monetary policy meeting.
8 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Tuesday that markets tended to overreact to news in the short term and that the decline seen after the recent US tariff announcement did not suggest that markets were entering panic mode.
8 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the imposition of tariffs by the US was a ‘severe blow’.
8 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said that monetary conditions were still tight after six ECB rate cuts, due to the pass-through of previous tightening measures, but that they would gradually ease this year.
8 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Christodoulos Patsalides on Monday echoed warnings that global developments could threaten the disinflation process and potentially produce stagflation.
7 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday predicted an important blow to euro area economic growth from the new US tariffs, whose net effect he insisted would prove deflationary.
7 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Saturday that uncertainty could increase even further.
5 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Peter Kažimír said on Thursday that tariffs announced by US President Donald Trump were to a large extent incorporated in the gloomiest scenarios of the ECB’s projections.
3 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Thursday that the ECB would have to recalibrate the situation after yesterday’s tariff announcement by the US.
3 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday reiterated his support for another ECB rate cut, dismissing the new US tariffs.
3 April 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday said that monetary policymakers needed to be ‘extremely prudent’.
3 April 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Thursday that it was too early to evaluate what the impact of the recently announced US tariffs was going to be.
3 April 2025
By David Barwick – FRANKFURT (Econostream) – Trade tensions are apt to worsen existing problems in Europe, and the heightened uncertainty could hamper an investment-driven recovery, according to European Central Bank President Christine Lagarde late Wednesday.
2 April 2025