By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s expanded consumer expectations survey, released Tuesday, showed December medium expectations of inflation in one year down from 3.5% to 3.2%, the third consecutive fall.
6 February 2024
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 25 January, but earlier comments can still be seen in versions up to that of 19 January .
5 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Saturday said that incoming inflation data needed to be aligned with the ECB forecasts to confirm the disinflation trajectory and allow monetary policy easing to start.
3 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Saturday said that monetary policy should keep up with the pace of disinflation.
3 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Saturday said recent figures showed that there had been progress in controlling inflation.
3 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that it was not yet the moment to reduce interest rates as more clarity on the price outlook was needed.
2 February 2024
By Isabel Teles – ROME (Econostream) – European Central Bank Executive Board member Philip Lane on Thursday said that the moment to discuss interest rate cuts would come when there was enough confidence about reaching the ECB's inflation target.
1 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Thursday said that if the disinflationary process continued in the coming months, the ECB’s next move would be to cut interest rates, though it was not clear when this would be.
1 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Constantinos Herodotou on Thursday said that there would be interest rate cuts this year, barring unanticipated events.
1 February 2024
By David Barwick – ZAGREB (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that the issue of whether to keep ECB interest rates where they are would be the subject of vigorous discussion at upcoming Governing Council meetings.
31 January 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that inflation had surprised positively and could turn out to be lower than anticipated.
31 January 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Tuesday said that the next steps regarding interest rates should be taken with an unprejudiced and data-dependent approach.
30 January 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Tuesday said that climate change was being taken into consideration in the updating of macroeconomic projections and in monetary policy decisions.
30 January 2024
By David Barwick – VIENNA (Econostream) – Following is the full transcript of the interview conducted by Econostream recently with Karol Czarnecki, Director of the Public Debt Department at the Polish Ministry of Finance.:
30 January 2024
By David Barwick – VIENNA (Econostream) – Polish President Andrzej Duda will probably sign Prime Minister Donald Tusk’s budget, in the view of Karol Czarnecki, Director of the Public Debt Department at the Polish Ministry of Finance.
30 January 2024
By David Barwick – ZAGREB (Econostream) – We interpret the comments made Tuesday by European Central Bank Governing Council member Boris Vujčić as potentially indicating, on balance, that he is leaning towards a first rate cut in April rather than June.
30 January 2024
By David Barwick – ZAGREB (Econostream) – The European Central Bank should loosen monetary policy in 25bp moves when the time comes, but the exact month in which easing begins matters little from an economic standpoint, ECB Governing Council member Boris Vujčić said Tuesday.
30 January 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Tuesday reaffirmed the importance of wage data to the ECB’s monetary policy decisions.
30 January 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that inflation in the euro area has been controlled.
30 January 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Monday said that the disinflationary process had been positive and would continue.
29 January 2024