News


ECB’s Knot: Expect Rates to Be Cut to Below 3%

ECB’s Knot: Expect Rates to Be Cut to Below 3%

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Tuesday that the ECB would likely cut rates in the first half of 2025 below 3%.

25 September 2024
ECB Economic Bulletin: Challenges to Euro Area Competitiveness Might Persist

ECB Economic Bulletin: Challenges to Euro Area Competitiveness Might Persist

By Marta Vilar – MADRID (Econostream) – Some of the challenges facing the euro area’s external competitiveness, which have resulted in a gradual decline in its market share in global trade, might persist, according to a section of the Economic Bulletin prereleased by the European Central Bank on Monday.

23 September 2024
ECB Insight: With no Mention of US Fed, de Guindos Interview Remains Short on Answers

ECB Insight: With no Mention of US Fed, de Guindos Interview Remains Short on Answers

By David Barwick – FRANKFURT (Econostream) – Observers of the European Central Bank who reacted with enthusiasm at the appearance of an interview with a member of its Executive Board – on this occasion Vice President Luis de Guindos, who spoke with Portuguese weekly Expresso – may have felt a tinge of disappointment to find no reference to the most interesting recent development of relevance, namely the US Federal Reserve’s decision two days ago to launch its easing cycle with a surprisingly large 50bp cut.

20 September 2024