By David Barwick – FRANKFURT (Econostream) – Following Thursday’s decision to leave interest rates alone, European Central Bank Governing Council policymakers wasted little time signaling that the December Eurosystem staff projections – the first to include 2028 inflation – should not be over-interpreted.
31 October 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that the ECB should retain full optionality in its actions ahead and that “agile pragmatism” was more essential than ever.
31 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Friday said that data had not warranted a rate cut on Thursday and that it made sense to wait for more information.
31 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Friday suggested that the ECB’s 2028 projections to be issued in December were subject to too much uncertainty to motivate any policy shift.
31 October 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Madis Müller said on Friday that the current level of interest rates was adequate with inflation near 2% and the economy showing signs of recovery.
31 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Bank of Slovenia Deputy Governor Primož Dolenc on Friday said that euro area growth was showing resilience and that following yesterday’s decision to leave interest rates unchanged, the European Central Bank’s Governing Council would adjust its monetary policy stance according to incoming data.
31 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martin Kocher on Friday said that developments since the ECB’s September monetary policy decision had “slightly” improved.
31 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Friday highlighted the alignment of the ECB's projections with the inflation target as the reason not to change interest rates.
31 October 2025 Central Bank News
By Marta Vilar – FLORENCE, Italy (Econostream) – European Central Bank President Christine Lagarde said on Thursday that the ECB remained in a “good place”, but was again reluctant to declare it too durable.
30 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – It was just as well that the European Central Bank on Thursday also decided to move to the next phase of the digital euro project, which to some degree filled the vacuum left by a monetary policy decision notably short on actual news.
30 October 2025 Central Bank News
By Marta Vilar – FLORENCE, Italy (Econostream) – The European Central Bank’s Governing Council on Thursday decided to keep its key interest rates unchanged, as widely expected by markets and analysts.
30 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday urged greater creativity and decisiveness in strengthening Europe’s governance, saying that the continent’s resilience must now be matched by the capacity to act.
29 October 2025 Central Bank News
By Marta Vilar – FLORENCE, Italy (Econostream) – European Central Bank Governing Council member Fabio Panetta on Wednesday stressed the need for Europe to complete its economic and financial union and to push through reforms to sustain long-term growth.
29 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s policy meeting looks set to be a deliberate non-event designed to blend seamlessly into a series of non-events: rates on hold, no pre-commitment, and the same disciplined message that has dominated for months. Optionality to be preserved, not exercised.
28 October 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Tuesday that inflation was back under control, leaving robust long-term economic growth as the main priority.
28 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member José Luis Escrivá said in an interview published Sunday that with euro area inflation now at 2%, the current ECB interest rate level was appropriate.
26 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane on Thursday said Europe must accelerate efforts to complete the banking union and the savings and investments union, while ensuring that central bank money keeps pace with financial digitalization.
23 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 22 October with Mārtiņš Kazāks, Governor of Latvijas Banka and member of the Governing Council of the European Central Bank:
22 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – It could be that the European Central Bank’s easing cycle has reached the terminal rate and that the next adjustment of interest rates will be upwards, according to ECB Governing Council member Mārtiņš Kazāks on Wednesday.
22 October 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that ECB interest rates were at the appropriate level.
22 October 2025 Central Bank News