By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that he was not uncomfortable with current market expectations of more cuts, but that the ECB's policy had to emphasise ‘agility’.
7 February 2025
- ECB: r* estimates ‘fraught with measurement and model specification challenges and … highly uncertain’
- ECB: r* estimates ‘cannot be seen as a mechanical gauge of appropriate monetary policy’
- ECB: ‘There is no alternative to taking decisions on the basis of a comprehensive analysis’
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said that the ECB would react if the inflation path deviated from reaching the 2% target.
7 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank former and incoming Governing Council member Mārtiņš Kazāks on Thursday got the approval of Latvia’s Parliament, the Saeima, for a second term at the head of Latvijas Banka.
6 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Thursday said that the incoming information since the ECB’s December macroeconomic projections was more or less in line with the current direction of monetary policy.
6 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Wednesday that tariffs would have a negative effect in Europe on growth but an uncertain impact in terms of inflation.
5 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council Chief Economist Philip Lane said on Wednesday that the neutral rate played a certain role but was not an important element of the next policy decision.
5 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Wednesday that the neutral rate should not be used as an indicator of future monetary policy moves.
5 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Tuesday called on the European Union to respond in kind to any negative trade measures aimed at the EU by US President Donald Trump.
4 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Monday that new tariffs imposed by US President Donald Trump on Mexico and Canada would backfire on the US.
3 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday said that a potential ECB rate cut in March would not be the last one of the current easing cycle.
3 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Peter Kažimír said on Monday that the ECB’s decisions in April and beyond would depend on new forecasts and new data on services inflation and wage growth.
3 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Sunday that the ECB wouldn’t need to be restrictive once inflation reached its 2% target.
2 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that the ECB’s monetary policy was clearly going from being restrictive to neutrality.
31 January 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that disinflation in the euro area had been fairly unproblematic in large part due to the ECB’s credibility.
31 January 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday reiterated his view that policymakers needed to move cautiously, even as he acknowledged increased confidence in the restoration of price stability.
31 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Madis Müller said on Friday that the ECB was approaching the moment at which rates could no longer be considered high.
31 January 2025
By David Barwick – FRANKFURT (Econostream) – Bank of Slovenia Deputy Governor Primož Dolenc on Friday said that the European Central Bank’s Governing Council would adjust its monetary policy stance according to incoming data.
31 January 2025
By Marta Vilar – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the Governing Council had not discussed what the neutral rate was as it was still early for this.
30 January 2025
By Marta Vilar – MADRID (Econostream) - The European Central Bank’s Governing Council decided on Thursday to cut its three key interest rates by 25bp, as widely expected by markets and analysts.
30 January 2025