By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s monetary policy may now be in neutral territory, according to Deutsche Bundesbank Board member Fritzi Köhler-Geib on Tuesday.
11 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Tuesday that an increase in defense spending would not necessarily slow down interest rate cuts.
11 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Monday that the ECB had covered considerable ground in its effort to restore price stability.
10 March 2025
By David Barwick – FRANKFURT (Econostream) – An initial member-by-member review of the European Central Bank Governing Council with respect to the appetite to cut interest rates again in April suggests that those in favour of pausing may not be breaking down an open door.
10 March 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that he was still looking for incontrovertible evidence that disinflation was here to stay, and warned that risks to inflation were on the upside.
10 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Monday that the ECB was not operating mechanistically and that the decision in April resisted prediction.
10 March 2025
By Marta Vilar – FRANKFURT (Econostream) – European Central Bank Governing Council members Joachim Nagel, Fabio Panetta, Klaas Knot and President Christine Lagarde said on Friday that the ECB should help close the gender gap in financial literacy.
7 March 2025
By David Barwick – LISBON (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Friday warned that continued labour market strength could ultimately support services inflation at a high level.
7 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Madis Müller said on Friday that the ECB should consider further interest rate cuts very carefully.
7 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that the ECB should avoid being on ‘autopilot’ and that more precision was needed in the decision-making process.
7 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Friday that for the ECB’s baseline projection of reaching 2% in the medium term to materialise, the institution should keep cutting rates further.
7 March 2025
By David Barwick – LISBON (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that interest rates in the euro area would remain at levels above those of the pre-Covid era.
7 March 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Friday said that interest rate expectations incorporated in the ECB’s projections could still be realised if developments supported this.
7 March 2025
By Marta Vilar – FRANKFURT (Econostream) - European Central Bank President Christine Lagarde on Thursday declined to endorse the ECB's stock sentence about the direction of rates being clear and suggested that data-dependency was more relevant than ever.
6 March 2025
By David Barwick – FRANKFURT (Econostream) – If the natural baseline for assessing European Central Bank President Christine Lagarde’s performance at Thursday’s press conference as hawkish or dovish is her communication on other recent such occasions, then we must conclude that she was hawkish today.
6 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Thursday that the ECB’s latest upward revision of its 2025 inflation projection should be regarded as transitory.
6 March 2025
By Marta Vilar – FRANKFURT (Econostream) – The European Central Bank Governing Council on Thursday decided to cut its key interest rates by 25bp each, as widely expected by markets and analysts.
6 March 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel in his capacity as president of the Deutsche Bundesbank has endorsed a proposal to increase the German government’s borrowing limit to a maximum of 1.4% of GDP from the current 0.35% level, according to a Bundesbank announcement on Tuesday.
4 March 2025
By David Barwick – FRANKFURT (Econostream) – That the European Central Bank’s Governing Council will cut by 25bp on Thursday is virtually certain; we suppose the cut will be backed unanimously, but if not, then Austrian National Bank Governor Robert Holzmann should be the whole ‘opposition’.
4 March 2025
By Marta Vilar – MADRID (Econostream) – Following is a collection of views expressed by ECB Governing Council members on various topics of high relevance related to this week’s meeting and the further evolution of monetary policy.
3 March 2025