By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that if incoming data continued to confirm the ECB's inflation projections, it would be appropriate to gradually reduce the level of monetary policy restrictiveness, but the speed of the process would remain open.
16 September 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday that the ECB will retain full optionality in its monetary policy, given high uncertainty.
16 September 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that the latest rate cut should not be taken as a sign that the ECB would start making similar decisions every six weeks.
16 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Monday said that for the energy transition to be completed, the related framework needed to be attainable.
16 September 2024
By David Barwick – FRANKFURT (Econostream) – Ten or so members of the European Central Bank’s Governing Council have already piped up since ECB President Christine Lagarde’s press conference on Thursday; their comments do not, to our mind, change the outlook or contradict Lagarde.
16 September 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on the weekend said that the ECB's inflation target would be achieved before the end of 2025, but warned that the disinflation process was not over yet.
15 September 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Sunday said that the ECB’s monetary easing was subject to some risk related to high services inflation
15 September 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank may have enough leeway to cut interest rates by another 25bp in December, Governing Council member Robert Holzmann said Friday.
13 September 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday said that the ECB’s central inflation scenario was subject to uncertainty.
13 September 2024
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 David Barwick – FRANKFURT (Econostream) – ECB press conferences don’t get much more flawless than the one following Thursday’s meeting of the Governing Council, with President Christine Lagarde giving nothing less than a masterclass in how to beat back attempts to thwart the ECB’s patient approach to monetary policy.
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