Indeed Wage Tracker: Euro Area Wage Growth Picked up in June
By Isabel Teles – FRANKFURT (Econostream) – Wage growth in jobs advertised online in euro area countries picked up in June, according to the latest Indeed Wage Tracker.
10 July 2024
News
ECB’s Nagel: Bundesbank to Adress Digitalisation and Demographic Challenges
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that digitalisation and demographics would shape the future of the German Bundesbank.
10 July 2024
Exclusive: Transcript: Interview with ECB Governing Council Member Mário Centeno on 3 July 2024
By Isabel Teles – SINTRA, Portugal (Econostream) – Following is the full transcript of the interview conducted by Econostream on 3 July 2024 with Mário Centeno, Governor of Banco de Portugal and member of the Governing Council of the European Central Bank.
9 July 2024
Exclusive: ECB’s Centeno: Recent PPI Data Call Into Question the Adequacy of Our Easing Pace
By Isabel Teles – SINTRA, Portugal (Econostream) – The decline of euro area producer prices since the end of 2022, confirmed by weaker-than-expected May data released last week, is grounds for the ECB to ask itself whether it is easing monetary policy rapidly enough to avoid undershooting inflation, according to ECB Governing Council member Mário Centeno.
9 July 2024
ECB’s Panetta: Disinflation Can be Completed by Adjusting Interest Rates
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Tuesday said that if it became clear that the ECB’s forecasts were materialising, gradually reducing interest rates could complete the disinflation process.
9 July 2024
ECB’s Nagel: Rate Cut Decisions Reviewed at Every Meeting; No Autopilot
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB’s decisions on interest rate cuts were up for a data-based discussion at every meeting and not taken automatically.
9 July 2024
ECB’s Knot: ‘The Next Meeting That Will Truly Be Open Again Will Be in September’
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Monday said that the occasion for the Governing Council to discuss another interest rate cut in depth would be in September, not in July.
8 July 2024
ECB’s Lagarde: International Trade Important for Innovation
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday underscored the important role played by global commerce.
5 July 2024
ECB Insight: While Ultimately Unlikely to Give Fragmentation a Pass, Insiders Hate to Even Think About TPI and France
By David Barwick – FRANKFURT (Econostream) – European Central Bank insiders show great reluctance even to consider a priori the use of the transmission protection instrument (TPI) for the benefit of France, but seem disinclined to tolerate fragmentation, were it to really come to it, based on the views of various Eurosystem insiders who spoke to Econostream recently on the subject.
5 July 2024
ECB’s Elderson: Banking Supervision Needs Strong Data Culture
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Friday said that bank supervisors should rely on data and technology to successfully fulfil their mandate.
5 July 2024
ECB’s Nagel: Privacy Is Key to Digital Euro's Success
By Aurėja Bobelytė – VILNIUS (Econostream) – Ensuring the protection of privacy is crucial for the success of the digital euro, European Central Bank Governing Council member Joachim Nagel said Friday.
5 July 2024
ECB’s Stournaras: Maybe One or Two More Interest Rate Cuts This Year
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Friday said that the ECB would probably cut interest rates once or twice more in 2024.
5 July 2024
ECB’s Lagarde: Need to Ensure Disinflation; Focus on Services Data
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the ECB needed to ensure the continuation of the disinflation process and that this required information related to services prices in particular.
4 July 2024
ECB’s Knot: There Are Rollover Risks Still in the Pipeline
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Klaas Knot on Wednesday said that the discussion of fiscal policy and sovereign debt was back on the radar and that rollover risk could still materialise.
3 July 2024
ECB’s Stournaras: Two Additional Rate Cuts Reasonable This Year
By Aurėja Bobelytė – VILNIUS (Econostream) – Two more rate cuts are possible this year, given that the euro area would remain in restrictive territory after that amount of policy easing, European Central Bank Governing Council member Yannis Stournaras said Wednesday.
3 July 2024
ECB’s Lagarde: Baseline Disinflation Scenario Unequivocal, Despite Bumpiness
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that the latest euro area inflation figures showed that disinflation in the region would be bumpy, but that the 2% target would be met in 2025.
2 July 2024
ECB’s Centeno: ‘I Expect a Few More Rate Cuts This Year’
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that the ECB would continue to follow its meeting-by-meeting approach and that if the data were favourable, there would be more interest rate cuts this year.
2 July 2024
ECB’s Vasle: Future Rate Cuts Dependent on Incoming Data
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Tuesday said that interest rates could be reduced further this year if everything evolved as expected.
2 July 2024
ECB’s Müller: Further Monetary Policy Easing Possible if New Data Allow It
By Aurėja Bobelytė – VILNIUS (Econostream) – Monetary policy could be eased further this year if incoming data support the latest projections, European Central Bank Governing Council member Madis Müller said Tuesday.
2 July 2024