ECB’s Rehn: Not Pre-Committing to Any Rate Path
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank is not committing to a pre-determined rate path, ECB Governing Council member Olli Rehn said Tuesday.
11 June 2024
News
ECB’s Villeroy: ‘Pragmatic Gradualism’ Essential for Future Rate Cuts
By Aurėja Bobelytė – VILNIUS (Econostream) – Decisions about future rate cuts should be made in line with ‘pragmatic gradualism’, European Central Bank Governing Council member François Villeroy de Galhau said Tuesday.
11 June 2024
ECB’s Šimkus: More Rate Cuts Possible if Inflation Continues to Reach Target
By Aurėja Bobelytė – VILNIUS (Econostream) – More interest rate cuts can be expected as long as inflation continues to descend towards target, European Central Bank Governing Council member Gediminas Šimkus said Tuesday.
11 June 2024
ECB Insight: Lagarde’s Meal Begins, With Crow on the Menu
By David Barwick – FRANKFURT (Econostream) – More than anything else, Tuesday’s interview of European Central Bank President Christine Lagarde with various European newspapers was an answer to the question, ‘How do you say Holzmann was right without saying Holzmann was right?’
11 June 2024
ECB’s Lagarde: ‘Might Be Periods Where We Hold Rates Again’; Could Be More Than One Meeting
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Tuesday said the ECB could put its monetary policy easing on pause for more than one Governing Council meeting.
11 June 2024
ECB’s Kažimír: ‘I Will Wait for the New Data in September’
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that he was now waiting to see how the data looked in September before acting again and that there was no hurry about monetary policy easing.
10 June 2024
ECB’s Nagel: No Inevitability; Still Have to Find the Right Point to Cut Interest Rates Further
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that there was no inevitability about the next ECB interest rate cut, but that rather, its proper timing was still something policymakers needed to determine.
10 June 2024
ECB’s Kazāks: Future Rate Cuts Dependent on Economic Outlook
By Aurėja Bobelytė – VILNIUS (Econostream) – It is too early to make definitive statements about future rate cuts, as these will depend on the inflation and economic outlook, European Central Bank Governing Council member Mārtiņš Kazāks said Monday.
10 June 2024
ECB’s Holzmann: Governing Council Was ‘To a Certain Extent’ Its Own Hostage on Thursday
By David Barwick – FRANKFURT (Econostream) – The European Central Bank Governing Council’s decision to cut rates last Thursday also reflected the sentiment that it had left itself little choice, Council member Robert Holzmann said Saturday.
8 June 2024
ECB’s Lagarde: Committed to Addressing Climate Change Within Our Mandate
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that within the limits of its mandate, the ECB would work on climate change-related issues.
7 June 2024
ECB’s Centeno: More Confident About Disinflation, but Will Remain Prudent
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the Council was more confident about inflation converging to target but would remain prudent in its decisions.
7 June 2024
ECB’s Villeroy: Pace of Next Interest Rate Cuts to Be Guided by Inflation Outlook
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the ECB would decide on further interest rate cuts according to the inflation outlook.
7 June 2024
Exclusive: Transcript: Interview with Latvian Treasury Head Kaspars Āboliņš
By Aurėja Bobelytė – VILNIUS (Econostream) – Following is the full transcript of the interview conducted by Econostream on 5 June 2024 with Kaspars Āboliņš, Director of the Latvian State Treasury:
7 June 2024
Exclusive: Latvian State Treasury Director: Remaining Flexible in Borrowing Strategy
By Aurėja Bobelytė – VILNIUS (Econostream) – Latvia is planning to fund itself on capital markets for the rest of 2024,while maintaining flexibility, according to Kaspars Āboliņš, Director of the Latvian State Treasury.
7 June 2024
ECB’s Šimkus: More Interest Rate Cuts Possible In 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Friday said that it would be possible for the ECB to cut interest rates again this year.
7 June 2024
ECB’s Schnabel: Inflation Outlook Uncertain, Cannot Pre-Commit to a Rate Path
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that the ECB must not pre-commit to a specific interest rate path, as there was still uncertainty about the future of inflation.
7 June 2024
ECB’s Rehn: Interest Rate Cut to Support Economic Recovery
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Olli Rehn on Friday said that the reduction in the ECB’s key interest rates would support the economic recovery.
7 June 2024
ECB’s Vasle: Future Decisions to Be Data-Dependent, Not Pre-Committing to Rate Path
By Aurėja Bobelytė – VILNIUS (Econostream) – Further decisions on monetary policy would remain highly dependent on incoming data, European Central Bank Governing Council member Boštjan Vasle said Friday.
7 June 2024
ECB’s Kazāks: Further Interest Rate Cuts Should Be Gradual and Data-Drive
By Aurėja Bobelytė – VILNIUS (Econostream) – Following the European Central Bank's first step in reducing interest rates, additional cuts should be gradual and according to a data-dependent approach, ECB Governing Council member Mārtiņš Kazāks said Friday.
7 June 2024
Bundesbank: German Economy Projected to Slowly Recover
By Isabel Teles – FRANKFURT (Econostream) – After two years of weakness, the German economy is projected to slowly recover in 2024 and to strengthen in 2025 and 2026, the German Bundesbank said on Friday in its latest semi-annual forecasts.
7 June 2024