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ECB’s Lane: No Urgency to Cut Rates, Can Take Time to Confirm Disinflation

ECB’s Lane: No Urgency to Cut Rates, Can Take Time to Confirm Disinflation

By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday echoed the words of ECB President Christine Lagarde the previous evening, namely that the ECB was in no hurry to cut interest rates further and could wait for more data.  

2 July 2024
ECB’s Lane: No Urgency to Bring Interest Rates Down Quickly

ECB’s Lane: No Urgency to Bring Interest Rates Down Quickly

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Thursday said the current state of the economy in the euro area, with low unemployment and the perspective of a soft landing, made it unnecessary to hurry with monetary policy easing .

27 June 2024
ECB’s Rehn: We Will Be Data-Dependent, No Pre-Commitments

ECB’s Rehn: We Will Be Data-Dependent, No Pre-Commitments

By David Barwick – HELSINKI (Econostream) – European Central Bank Governing Council member Olli Rehn on Wednesday made clear that he, too, respected the ECB’s data-driven, meeting-by-meeting approach to setting monetary policy.

26 June 2024
ECB’s Kazāks: ‘No Need to Rush’ About Policy Easing

ECB’s Kazāks: ‘No Need to Rush’ About Policy Easing

By David Barwick – HELSINKI (Econostream) – The European Central Bank should not be in any hurry about lowering interest rates, according to ECB Governing Council member and head of Latvijas Banka Mārtiņš Kazāks on Wednesday.

26 June 2024
ECB’s Panetta: Current Scenario Consistent with Normalisation

ECB’s Panetta: Current Scenario Consistent with Normalisation

By David Barwick and Isabel Teles – HELSINKI (Econostream) – European Central Bank Governing Council member Fabio Panetta on Wednesday said that the macroeconomic scenario allowed for further monetary policy normalisation and called for the ECB not to approach easing too timidly.

26 June 2024