By David Barwick – FRANKFURT (Econostream) – First and foremost, we still stand by the article published here on 18 October, the main point of which was to argue that markets were ‘seeing the European Central Bank Governing Council’s decision on Thursday a tad too strongly through the prism of wishful thinking.’
31 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Thursday that the impact of rapid interest rate hikes on the banking sector could have been much more adverse.
31 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Thursday that persistently sluggish economic growth would undermine the job of monetary policy.
31 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Thursday said that the ECB should concentrate on weak activity, as this threatened to lead to significant undershooting of the inflation target.
31 October 2024
By Marta Vilar – MADRID (Econostream) – Economic activity in the Eurozone is largely stagnating, according to the Economic Bulletin published by the European Central Bank on Thursday.
31 October 2024
By David Barwick – FRANKFURT (Econostream) - European Central Bank President Christine Lagarde on Thursday declined to declare victory over inflation, saying that inflation would increase again in the short term and that caution was still warranted.
31 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Wednesday that the ECB should take further steps carefully and avoid acting too quickly.
30 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB provided markets with some ‘policy orientation’ on the journey to the inflation target when this was possible.
30 October 2024
By David Barwick – FRANKFURT (Econostream) – The risk of the European Central Bank seriously undershooting its inflation target is still small, ECB Executive Board member Isabel Schnabel said Wednesday.
30 October 2024
By Marta Vilar – WASHINGTON (Econostream) - Following is the full transcript of the interview conducted by Econostream on 23 October with Mário Centeno, Governor of the Banco de Portugal and member of the Governing Council of the European Central Bank:
29 October 2024
By Marta Vilar – WASHINGTON (Econostream) – The European Central Bank must remain open on the size of a potential December cut, which will be driven by the imperative of not undershooting the ECB's inflation target, Governing Council member Mário Centeno said last Wednesday.
29 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Tuesday that the ECB would keep ‘all options open’ at future Governing Council meetings regarding the number and the magnitude of interest rate cuts.
29 October 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Monday said that euro area disinflation was proceeding well, though was subject to considerable risks.
28 October 2024
By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Mário Centeno on Saturday warned once more of the danger of overly tight ECB monetary policy.
28 October 2024
By David Barwick – WASHINGTON (Econostream) – The European Central Bank should probably undershoot its 2% price stability target at least initially, Governing Council member Robert Holzmann said Saturday.
28 October 2024
By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Saturday that the ECB should avoid acting too quickly and that the meeting-by-meeting approach had worked well.
26 October 2024
By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member Klaas Knot said on Saturday that inflation numbers could fall more quickly than what the ECB had anticipated in the near term.
26 October 2024
By Marta Vilar – WASHINGTON (Econostream) – European Central Bank President Christine Lagarde said on Friday that the Eurozone economy might have weakened further in the second part of 2024 due to geopolitical factors.
25 October 2024
By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that even though the decades-long decline of r* had stopped, the neutral rate was still significantly lower than the current level of euro area interest rates.
25 October 2024
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Thursday that inflation would hit the ECB's 2% target at some point next year.
24 October 2024