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ECB Insight: Schnabel, in Effect, Endorses June Rate Cut

ECB Insight: Schnabel, in Effect, Endorses June Rate Cut

By David Barwick – FRANKFURT (Econostream) – Granted, European Central Bank Executive Board member Isabel Schnabel would object to our title above, her speech early Saturday (Frankfurt time) during a conference at Stanford University having clearly been meant as a pushback against calls to take euro area interest rates ever lower.

12 May 2025
ECB’s Panetta Warns of Risks of Unbacked Crypto-Assets

ECB’s Panetta Warns of Risks of Unbacked Crypto-Assets

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Tuesday highlighted the risks associated with unbacked crypto-assets but said that stablecoins suffered from too many flaws to offer a solution to payment system deficiencies.

6 May 2025