By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that even though the decades-long decline of r* had stopped, the neutral rate was still significantly lower than the current level of euro area interest rates.
25 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Thursday that inflation would hit the ECB's 2% target at some point next year.
24 October 2024
By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Thursday said that it was probable that euro area inflation would be at the ECB’s target before the end of 2025 envisioned by the current macroeconomic projections.
24 October 2024
By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Wednesday that the ECB should change its approach to communications and embrace again the ‘normal way’ of communicating.
23 October 2024
By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Wednesday that the ECB had concluded at its latest meeting that risks to inflation were balanced.
23 October 2024
By David Barwick – WASHINGTON (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that disinflation was proceeding well and that the euro area economy was not experiencing a ‘dramatic weakening’.
23 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that the ECB was not yet behind the curve, but that the risks of overshooting and undershooting its inflation target were equal.
22 October 2024
By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Olli Rehn on Tuesday said that he was keenly awaiting the ECB’s December macroeconomic projections and that policymakers had to be aware of the risks of undershooting their target.
22 October 2024
By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Olli Rehn on Tuesday said that the size and frequency of ECB monetary easing going forward would depend on authorities’ view of developments each time they meet to consider the policy stance.
22 October 2024
By David Barwick – WASHINGTON (Econostream) - European Central Bank President Christine Lagarde on Tuesday said that she hoped to see price stability in the euro area restored before the last quarter of next year and thus earlier than the ECB currently projects.
22 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday warned against exaggerating the resilience of the global financial system and repeated his exhortations to implement related policy proposals.
22 October 2024
By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that incoming information would dictate the size of the ECB’s interest rate moves.
22 October 2024
By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that he considered euro area inflation to have converged to the ECB's target and argued against being obsessed with hitting precisely 2% HICP.
22 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that a return to price stability in the euro area was in sight.
22 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Tuesday that the baseline scenario of the ECB's September projections was still the most likely one.
22 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Peter Kažimír said on Monday that the most recent interest rate cut should not be seen as a sign of triumph over inflation.
21 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Monday that larger interest rate moves than the current 25bp steps were not necessary.
21 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Monday that if inflation turned out to be lower than expected in the coming months, then the ECB's 2% target would be reached before the end of 2025.
21 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Boštjan Vasle warned on Sunday that wage growth could still register an uptick.
20 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Saturday that inflation would reach the ECB's 2% target in the first part of 2025.
19 October 2024