By David Barwick – FRANKFURT (Econostream) – The European Central Bank is likely to cut rates many more times if the projection of 2% inflation at the end of 2025 remains valid, according to ECB Governing Council member Gaston Reinesch.
13 September 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks stated on Friday that the ECB would consider a rate cut in October if the economy slumped more than expected and inflation receded significantly.
13 September 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde on Friday confirmed that the ECB would reassess its monetary policy stance if incoming data were to represent a substantial change versus the baseline scenario.
13 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the ECB had to be aware of the risks of undershooting its price stability target.
13 September 2024
By David Barwick – FRANKFURT (Econostream) – The threat of high inflation has not yet passed in the euro area, where elevated price growth for services remains a worry, European Central Bank Governing Council member Madis Müller said Friday.
13 September 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Friday said that high uncertainty justified the ECB’s approach to setting monetary policy, so that the interest rate path ahead was not foreordained.
13 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Friday said that non-bank financial intermediation (NBFI) faced challenges that needed to be addressed from a cross-border perspective.
13 September 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that the ECB’s next steps after Thursday’s rate cut would depend on incoming information.
13 September 2024
By Marta Vilar - MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel expressed support on Friday for the ECB's rate cut on Thursday, arguing that it was justified by inflation moving in the right direction.
13 September 2024
By Isabel Teles and Marta Vilar – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that while the downward direction of interest rates was clear, the path was open.
12 September 2024
By Marta Vilar – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided to cut its key interest rates by 25bp, as widely expected by markets and analysts.
12 September 2024
By Isabel Teles – FRANKFURT (Econostream) – A key measure of wages for the European Central Bank, compensation per employee, rose slightly in the euro area in the second quarter of 2024, reaching its all-time highest level, according to the ECB data portal’s latest update on Friday.
6 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Friday said that the degradation of nature could impact price stability as it led to increased vulnerabilities in the economy and financial system.
6 September 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Wednesday said that ECB monetary policy had to stay restrictive for a while but should not undercut growth.
4 September 2024
By Marta Vilar – MADRID (Econostream) – The Spanish government on Wednesday named José Luis Escrivá as the new governor of the country’s central bank.
4 September 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau acknowledged on Wednesday that fiscal affairs in some major European countries, including France, were problematic.
4 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Wednesday said that banks needed to build operational resilience to deal with the constantly changing risk environment.
4 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday warned about the risk of monetary policy becoming overly restrictive and harming economic activity.
4 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the worst part of inflation had passed and that the euro area was well on the way to achieving price stability.
3 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that an interest rate cut would be the right decision for the Governing Council to make at its September meeting to counter risks to economic growth.
30 August 2024