By Marta Vilar – MADRID (Econostream) – The European Central Bank will publish a new set of wage tracker indicators at 10:00 CET on Wednesdays the week after each monetary policy meeting of the Governing Council, the ECB said on Wednesday.
18 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane suggested on Wednesday that the ECB did not go for a 50bp cut in December because the signal it would have sent with a large cut about no longer being restrictive it instead sent via the language.
18 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that euro area disinflation was proceeding on track and that domestic price pressures would lessen, so that the ECB should 'maintain agility' with respect to monetary policy.
18 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Tuesday said that further ECB interest rate cuts would depend on the data available at each monetary policy meeting.
17 December 2024
By Marta Vilar – MADRID (Econostream) – Almost three months after his appointment as governor of Banco de España, José Luis Escrivá has reinforced the initial perception that he may not become a card-carrying member of the camp of doves on the European Central Bank Governing Council.
17 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Monday that market rate cut expectations were in line with the ECB’s assessment.
16 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Monday made the case for monetary authorities to continue acting gradually so as to ward off economic weakness while making sure that inflation continues to descend to target.
16 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Monday that he would not predict whether he would support a 50bp cut in January.
16 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Monday that risks to inflation were more on the upside than to the downside.
16 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday that the ECB was now more confident about inflation reaching the 2% target.
16 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that more aggressive policy easing by the ECB would only be possible if circumstances changed dramatically.
16 December 2024
By David Barwick – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday drew a positive balance regarding Lithuania’s accession to the euro area.
16 December 2024
By David Barwick – VILNIUS (Econostream) - European Central Bank President Christine Lagarde on Monday said that the ECB had nearly reached its price-stability target and that confidence in achieving this goal had increased.
16 December 2024
By David Barwick – VILNIUS (Econostream) - European Central Bank President Christine Lagarde on Monday said that the rate cut decided by the ECB Governing Council last week would not be the last in a context in which the risks to inflation had changed for the better.
16 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday said that while willing to continue cutting interest rates, he preferred not to do so by taking large steps.
13 December 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is likely to cut interest rates in steps to 2.5% by the start of spring 2025 if its central scenario continues to materialise, according to ECB Governing Council member Gaston Reinesch on Friday.
13 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Friday that the neutral rate was closer to 2% than 3% and that he would be open to a larger rate cut if warranted.
13 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that declining services inflation strengthened the confidence in a durable restoration of price stability.
13 December 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that German inflation would gradually return to the level of 2%, but only starting in 2026.
13 December 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Friday that the ECB would probably lower rates further in upcoming meetings.
13 December 2024