By David Barwick – FRANKFURT (Econostream) – Much of what filled this space ahead of the 11 April monetary policy meeting of the European Central Bank Governing Council remains valid now, starting with the idea that, as we said at the time, ‘a first rate cut in June should be everyone’s central scenario.’
4 June 2024
By Isabel Teles – ROME (Econostream) – European Central Bank Governing Council member Fabio Panetta on Friday said that reducing interest rates quickly and gradually would be the best way to deal with macroeconomic uncertainty.
31 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – As monetary policy easing looms ever larger, risks to the economy remain, European Central Bank Governing Council member Boštjan Vasle said Monday.
31 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the May inflation flash estimate of 2.6%, up from 2.4% in April, was not far from the expected inflation path.
31 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that improving the current regulation on the capital markets union (CMU) should take priority over creating a new set of rules.
30 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that the looming ECB interest rate cut would not be strongly felt by French banks due to their diverse business model.
29 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Following is the full transcript of the interview conducted by Econostream on 27 May 2024 with Janno Luurmees, who heads the Estonian State Treasury Department:
29 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Estonia has concluded its Eurobond syndications for this year but has plans for a final T-bill auction in the autumn, according to Janno Luurmees, who heads the Estonian State Treasury Department.
29 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank must stay data-dependent and should not switch to autopilot after its first rate cut in June, ECB Governing Council member Mārtiņš Kazāks said Wednesday.
29 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that interest rate decisions would benefit from the information available at the quarterly projection meetings, given the ECB's data-dependent approach.
28 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank‘s latest consumer expectations survey, released Tuesday, showed inflation expectations 12 months ahead to be at their lowest level in April in almost three years.
28 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that people were already feeling the impact of monetary policy easing even before the ECB’s decision to cut interest rates.
28 May 2024
By David Barwick – VIENNA (Econostream) - Following is the transcript of a brief chat that took place on 27 May 2024 between Econostream and Robert Holzmann, Governor of the Austrian National Bank and member of the Governing Council of the European Central Bank, following the latter’s participation in a panel discussion.
28 May 2024
By David Barwick – VIENNA (Econostream) – European Central Bank Governing Council member Robert Holzmann on Monday said he would support a 25bp rate cut by the ECB next week in view of the likelihood of disinflation to continue in an environment of economic weakness.
28 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday said that quantitative easing (QE) exposed central bank to risks and needed to be used prudently if deployed outside the context of market turbulence.
28 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that despite fluctuations, the current disinflation process was consistent with reaching price stability and economic recovery in the euro area.
27 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that there was a growing risk to economic activity from waiting too long to start easing monetary policy.
27 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Households are hesitant to invest in stocks even after becoming wealthier, according to a Research Bulletin published on Monday by the European Central Bank.
27 May 2024
By David Barwick – FRANKFURT (Econostream) – There having been essentially no question for some time about the main decision to emerge from the European Central Bank Governing Council’s 6 June meeting, Monday’s confirmation of the imminent rate cut by Executive Board member Philip Lane is less newsworthy than his other comments - and what he failed to say.
27 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that the ECB had enough information to support a first interest rate cut in June, but argued for a restrictive stance until the end of the year.
27 May 2024