By David Barwick and Marta Vilar – FRANKFURT (Econostream) – With so many members of the European Central Bank Governing Council, hawks and doves, having endorsed a gradual approach to monetary easing, pressing them on the issue of a possible 50bp cut at some point may seem downright fanciful.
17 January 2025
By David Barwick – FRANKFURT (Econostream) - European Central Bank Executive Board member Frank Elderson on Friday said that the ECB was likely to continue easing and appeared to advocate a gradual approach, but observed that services inflation would have to decline for price stability to be restored.
17 January 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday spoke out again in favour of a gradual approach to monetary policy easing.
17 January 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that the Bundesbank now saw potential growth in Germany at less than a third of what it was just a few years ago.
17 January 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday said that there was much room to cut interest rates further but that easing should be approached carefully in view of elevated uncertainty.
16 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Thursday that US policies would encourage an increase in protectionism in the years ahead.
16 January 2025
By Marta Vilar – MADRID (Econostream) – Since the European Central Bank's monetary policy meeting of 12 December, a significant number of Governing Council members have been conspicuously hesitant to celebrate an immaculate disinflation for a common reason: the ongoing threat posed by high services inflation.
16 January 2025
By David Barwick – FRANKFURT (Econostream) – Arguably, 2025 has not gotten off to the best start for the European Central Bank’s Governing Council, which is two short of the normal complement of 26 members.
16 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Wednesday that the easing cycle should remain gradual.
16 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that the ECB had practically won the battle against inflation and called for a steady pace of rate cuts until reaching 2% in the summer.
15 January 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that high uncertainty in various regards demanded a cautious approach to monetary policy and excluded pre-commitments.
15 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann on Tuesday said he was unsure what the next monetary policy meeting would bring and warned against cutting interest rates hastily.
14 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Tuesday that monetary policy would no longer be restrictive by midsummer.
14 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn on Monday endorsed further policy easing, but that the magnitude and pace of rate cuts would depend on new data.
13 January 2025
By David Barwick and Marta Vilar – ZAGREB (Econostream) - Following is the full transcript of the interview conducted by Econostream on 9 January with Boris Vujčić, Governor of the Croatian National Bank and member of the Governing Council of the European Central Bank:
13 January 2025
By David Barwick and Marta Vilar – ZAGREB (Econostream) – The European Central Bank remains unlikely to accelerate the pace of its monetary policy easing, according to Governing Council member Boris Vujčić.
13 January 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that ECB monetary policy should continue to ease but at a gradual pace, as services inflation still had to decline and the degree of economic deterioration that would warrant a faster pace was not expected.
13 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Thursday that the ECB shouldn’t be overly worried about countering future inflation shocks now but rather contribute toward realising the economy’s full potential.
9 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB could lower rates to neutral territory if inflation eased as expected in the following months.
8 January 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that the effect of trade tensions on inflation was uncertain but on economic growth would be negative.
3 January 2025