By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that the most important element for the ECB in deciding on further rate cuts was confidence about the restoration of price stability at the end of next year.
23 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that the weight of the data provided by the surveys conducted by the ECB was increasing in the monetary policy analysis.
23 July 2024
By Isabel Teles – FRANKFURT (Econostream) – Common assumptions regarding consumers' experience and expectations of inflation may not be accurately capture the variety of inflation perceptions among different socioeconomic groups, according to findings presented in a research bulletin published Tuesday by the European Central Bank.
23 July 2024
By Isabel Teles – FRANKFURT (Econostream) – The German economy's recent downward trend is likely to give way to stabilisation in the third quarter, after having grown less than expected in the spring, the German Bundesbank said on Monday in its latest monthly report.
22 July 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that while the ECB might yet cut interest rates another two times by the end of the year, that was not a certainty.
22 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Monday said that the financial system needed to be strengthened to face underlying vulnerabilities.
22 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Sunday said that ECB did not need to rush to decide on further interest rate cuts.
21 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday welcomed the European Union’s revised economic governance framework highlighting the importance of fiscal policy.
19 July 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank Governing Council has to take a patient approach to easing monetary policy, given ongoing high wage growth and services inflation, Council member Madis Müller said Friday.
19 July 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Friday said that the lack of clarity about the inflation and geopolitical outlook led policymakers to wait for more information and that upside inflation risks remained.
19 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that in light of the information available today, it was reasonable to consider that the ECB would do two more interest rate cuts this year, as long as data supported it.
19 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that the ECB would remain dependent on economic data and in particular on the analysis of inflationary trends when deciding on interest rates, without committing to a predetermined path.
19 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that there was no predetermined path for euro area interest rates and that the next Governing Council meeting in September would bring important data.
18 July 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided to keep its three key interest rates unchanged, as widely expected by markets and analysts.
18 July 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s latest Bank Lending Survey (BLS), released on Tuesday, showed further tightening in 1H of credit standards for loans to enterprises, and that euro area banks continued to expect a net tightening in lending conditions for the remainder of the year.
16 July 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s Survey on the Access to Finance of Enterprises (SAFE), released Monday, showed that euro area firms expect price and wage increases to moderate and inflation to decline over a one-year horizon.
15 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that appropriate policies were necessary to guarantee that artificial intelligence (AI) contributed positively to the economy.
11 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that uncertainty was emerging as a new threat to growth and employment at the same time that the impact of inflation was fading.
11 July 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that global coordination between the public and the private sectors was key to developing a successful cross-border payments ecosystem.
11 July 2024
By Isabel Teles – FRANKFURT (Econostream) – Wage growth in jobs advertised online in euro area countries picked up in June, according to the latest Indeed Wage Tracker.
10 July 2024