By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that despite near-term rises in monthly inflation data, the ECB should reach its inflation target before Q4 2025.
18 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Friday said that a slower decline of core inflation could change expectations of the ECB’s rate path.
18 October 2024
By Marta Vilar – MADRID (Econostream) – The European Central Bank Survey of Professional Forecasters for the fourth quarter of 2024, published on Friday, showed inflation expectations for 2025 revised down to 1.9% but otherwise unchanged.
18 October 2024
By David Barwick – FRANKFURT (Econostream) – Inflation in the euro area could still remain too high due to elevated services prices and wage increases, European Central Bank Governing Council member Madis Müller said Friday.
18 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that there was no predetermination regarding the ECB’s next steps after Thursday’s rate cut, and that inflation would be back at 2% sometime next year.
18 October 2024
By Marta Vilar – MADRID (Econostream) - European Central Bank President Christine Lagarde on Thursday said that every data set received since the last Governing Council meeting had pointed to lower inflation.
17 October 2024
By Marta Vilar – MADRID (Econostream) - The European Central Bank’s Governing Council decided on Thursday to cut each of its three key interest rates by 25bp, as widely expected by markets and analysts.
17 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Wednesday that Europe should embrace changes in the global economy, as these could represent an opportunity if met correctly.
16 October 2024
By Marta Vilar – The European Central Bank’s latest Bank Lending Survey, released on Tuesday, showed that recent interest rate cuts did not ease credit standards for loans to enterprises and consumer credit in the Eurozone in 3Q24.
15 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Monday that central banks should ensure interoperability in their CBDCs from the very beginning.
14 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Friday urged the complete implementation of Basel III banking standards and said that some additional modifications might be necessary in light of the turmoil among some banks in March 2023.
11 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Wednesday that the impact of climate transition on r* and inflation was ‘uncertain’.
9 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Christodoulos Patsalides on Wednesday said that the ECB could be able to cut rates this month but should consider all available information.
9 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Wednesday that despite the comments of his colleagues about a potential October cut, the decision was not yet taken.
9 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that a new interest rate cut was ‘very likely’ to emerge from next week's monetary policy meeting.
9 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Frank Elderson said on Wednesday that ignoring climate risks would jeopardise the ECB’s ability to deliver on its price stability mandate.
9 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said on Wednesday that monetary policy would remain ‘highly restrictive’ even if the ECB cuts interest rates by 25bp twice before year's end.
9 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that despite the expected rebound of euro area inflation this quarter, inflation was essentially on the decline.
8 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Boštjan Vasle said on Tuesday that a potential rate cut by the ECB this month would not imply another such move in December.
8 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Monday expressed a potential willingness to cut interest rates again at the ECB's October meeting.
8 October 2024