By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said on Monday that the ECB should maintain a gradual pace of rate cuts, but that larger moves should not be ruled out.
30 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Monday that Europe could face deflation in the event of a trade war if China were to exports its goods at lower and lower prices.
30 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Saturday that the ECB might be willing to consider waiting longer for the next rate cut, given inflation risks.
28 December 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will continue to ease monetary policy in 2025, when it will also succeed in restoring price stability, ECB Governing Council member José Luis Escrivá said Thursday.
26 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday said that uncertainty had increased and that the application of tariffs by the US to European goods threatened to reduce growth here.
23 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Monday that the ECB is getting near to defeating inflation but that caution must still reign due to the evolution of services inflation.
23 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Monday said that cutting interest rates as a form of ‘insurance’ could backfire and suggested that rates would not go as low as 1.75%.
23 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Friday that a trade war would have a very bad effect especially on economic growth but on inflation as well.
20 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Friday said the ECB would react if the euro area economy weakened further.
20 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Friday that the inflation beast had now been tamed but suggested that there was still more to be done.
20 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Thursday that although the ECB had agreed to proceed gradually, policymakers should not fear larger cuts if they were necessary.
19 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks’ chances of remaining head of Latvia’s central bank took another turn late Wednesday, even as the question of who will lead Latvijas Banka continues to elude resolution.
19 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Thursday that a trade war between Europe and the US could impact on the euro and even send it back to parity with the US dollar.
19 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Thursday that France should lower its deficit and proposed that this be done via tax increases.
19 December 2024
By Marta Vilar – MADRID (Econostream) – The European Central Bank will publish a new set of wage tracker indicators at 10:00 CET on Wednesdays the week after each monetary policy meeting of the Governing Council, the ECB said on Wednesday.
18 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane suggested on Wednesday that the ECB did not go for a 50bp cut in December because the signal it would have sent with a large cut about no longer being restrictive it instead sent via the language.
18 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that euro area disinflation was proceeding on track and that domestic price pressures would lessen, so that the ECB should 'maintain agility' with respect to monetary policy.
18 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Tuesday said that further ECB interest rate cuts would depend on the data available at each monetary policy meeting.
17 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Monday that market rate cut expectations were in line with the ECB’s assessment.
16 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Monday made the case for monetary authorities to continue acting gradually so as to ward off economic weakness while making sure that inflation continues to descend to target.
16 December 2024