By David Barwick and Marta Vilar – FRANKFURT (Econostream) – A rate cut of 50bp in the euro area is not warranted by the current situation, according to European Central Bank Governing Council member Christodoulos Patsalides.
27 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that uncertainty was much higher than it had been six months ago and that this was dampening growth and creating financial stability risks.
27 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that ECB interest rate cuts might not be over yet.
27 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said Monday that with the international role of the US dollar increasingly called into question, the euro could become more important as a global currency.
26 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Monday that there was room for an interest-rate cut in June and there was an increasing risk of undershooting the inflation target.
26 May 2025
By David Barwick – FRANKFURT (Econostream) – On Friday, US President Donald Trump announced tariffs on the EU of 50% from 1 June. On Sunday, he took it back, albeit merely in favour of maintaining the previous ongoing 90-day pause giving both sides time to hammer out a trade deal.
26 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that the disinflation process was ‘not quite done’ and that services inflation still had to decline further.
23 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Friday that the ECB should ease monetary policy further next month if data confirm the baseline scenario of weak growth and stable inflation.
23 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said on Friday that the ECB would ease monetary policy further next month and then hold.
23 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said Thursday that there was a growing trend in favour of European assets.
22 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said Thursday that lessening the uncertainty surrounding global trade should be the major objective of policymakers.
22 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Thursday that rates were no longer restrictive and that the ECB should proceed with caution.
22 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday said that US President Donald Trump had made the global monetary framework so uncertain that the dollar’s safe-haven function was being called into question, creating an opportunity for the euro to become more important.
22 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Thursday that inflation could return to the ECB's 2% target soon, while economic growth could turn weaker.
22 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Boris Vujčić said on Thursday that the ECB's inflation target would be achieved at the start of next year.
22 May 2025
By David Barwick – VIENNA (Econostream) – The euro’s importance as a global currency is set to increase, according to European Central Bank Governing Council member Robert Holzmann on Thursday.
22 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Wednesday that despite the progress made on the tariff front lately, there was still some way to go.
21 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said that risks around the ECB's baseline scenario could push macroeconomic projections lower.
21 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Wednesday that the ECB could need to cut interest rates below what he considered to be the neutral rate.
21 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Wednesday that tariffs could have adverse effects on economic activity.
21 May 2025