By Marta Vilar – LONDON (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Tuesday that the ECB’s recent research showed r* had moved up in the last few decades, which she said could suggest where policy should go.
25 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday questioned whether ECB monetary policy was still in restrictive territory and urged that any rate steps be taken with care.
25 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that the ECB had room to keep cutting interest rates, but urged his colleagues at the ECB to refrain from openly guessing about a potential terminal rate.
25 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that he could not currently confirm that interest rates were no longer restrictive.
25 February 2025
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is at risk of blindly going too far in easing its monetary policy, according to Governing Council member Pierre Wunsch.
24 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Sunday that the ECB should proceed with caution, but he refused to endorse calls to start pausing interest rate cuts.
23 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Saturday that the neutral rate was not a destination and that the ECB should not decide now what it should do after the summer.
22 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that disinflation faced risks and that the ECB was prepared to respond to any changes in prospects for inflation or growth.
20 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said last week that the ECB would cut rates to 2% during 2025 but that the pace and size of cuts would still be decided meeting by meeting with a data-dependent approach.
20 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Wednesday that the ECB was approaching the moment at which interest rate cuts might stop.
19 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Wednesday that the biggest downside risk to inflation stemmed from the weak economy and argued that energy was a new threat on the upside.
19 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone on Tuesday indicated concern about downward pressure on inflation coming from economic weakness and the potential re-routing to Europe of inexpensive Chinese goods hit by US tariffs.
18 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Tuesday that the ECB should make sure that its interest rate decisions compensate for the tightening effect produced by shrinking the central bank balance sheet.
18 February 2025
- Nagel: Depreciation of euro could strengthen price competitiveness
- Nagel: Positive effects of weak euro not enough to compensate negative impact
- Nagel: ‘Good chance’ of reaching 2% inflation ‘soon’
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Saturday that the main risk for inflation in the medium term was undershooting the 2% target.
15 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Friday that the price to be paid for implementing protectionist policies could be very high if these are poorly managed.
14 February 2025
By Marta Vilar – GLASGOW, Scotland (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Thursday that climate change could have a very negative inflation effect.
13 February 2025
By Marta Vilar – GLASGOW, Scotland (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Thursday that having a solid banking system was paramount in order to achieve greenhouse gas neutrality.
13 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Boris Vujčić said on Thursday that the impact of movements in the exchange rate on monetary policy could have increased from levels of the last few decades.
13 February 2025
By Marta Vilar – LONDON (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Wednesday that the ECB should not be overly optimistic about the next interest rate decision.
12 February 2025