By Marta Vilar – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided to cut its key interest rates by 25bp, as widely expected by markets and analysts.
5 June 2025
By David Barwick – FRANKFURT (Econostream) – There’s no point denying the obvious. Even ultra-dovish Banca d’Italia Governor Fabio Panetta acknowledged on Friday that the European Central Bank’s room for further policy easing is narrowing.
3 June 2025
By Marta Vilar – ROME (Econostream) – European Central Bank Governing Council member Fabio Panetta on Friday offered a blunt indication that the ECB is probably nearing the end of its monetary policy easing cycle, accompanied by indications of openness to doing more.
30 May 2025
By Marta Vilar – MADRID (Econostream) – Following is a collection of views expressed by ECB Governing Council members on various topics of high relevance related to next week’s meeting and the further evolution of monetary policy:
30 May 2025
By Marta Vilar – ROME (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Friday that the ECB would not be able to cut interest rates much further given previous easing.
30 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that the outlook for euro area disinflation and growth remained uncertain.
29 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír was convicted of bribery on Thursday and ordered to pay a fine of €200,000, but faces time behind bars only if he fails to comply with the sentence.
29 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Wednesday argued for euro area monetary policy to remain in neutral territory.
28 May 2025
By David Barwick – FRANKFURT (Econostream) – When a European Central Bank Governing Council intervention is of particular interest, our own reporting is often followed by a curious look at what others make of what the policymaker said. Such was the case with Chief Economist Philip Lane’s interview Tuesday evening in German daily Frankfurter Allgemeine Zeitung.
28 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that there were factors arguing for a further decline in euro area inflation, but that there were also risks that could lead to the opposite result.
27 May 2025
By David Barwick - FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB was at last within striking distance of its inflation objective and heading in the right direction.
27 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Tuesday that cutting interest rates further would be riskier than pausing until September.
27 May 2025
By David Barwick and Marta Vilar – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 26 May with Christodoulos Patsalides, Governor of the Central Bank of Cyprus and member of the Governing Council of the European Central Bank:
27 May 2025
By David Barwick and Marta Vilar – FRANKFURT (Econostream) – A rate cut of 50bp in the euro area is not warranted by the current situation, according to European Central Bank Governing Council member Christodoulos Patsalides.
27 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that uncertainty was much higher than it had been six months ago and that this was dampening growth and creating financial stability risks.
27 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that ECB interest rate cuts might not be over yet.
27 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said Monday that with the international role of the US dollar increasingly called into question, the euro could become more important as a global currency.
26 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Monday that there was room for an interest-rate cut in June and there was an increasing risk of undershooting the inflation target.
26 May 2025
By David Barwick – FRANKFURT (Econostream) – On Friday, US President Donald Trump announced tariffs on the EU of 50% from 1 June. On Sunday, he took it back, albeit merely in favour of maintaining the previous ongoing 90-day pause giving both sides time to hammer out a trade deal.
26 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that the disinflation process was ‘not quite done’ and that services inflation still had to decline further.
23 May 2025