By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Wednesday said that market pricing should not be the basis of central banks’ assessment of the natural rate of interest, r*.
20 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that core inflation was coming down more slowly than historically, which necessitated that attention be paid to services prices.
20 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – A slowdown in food price inflation is expected in the wake of the fading impact of external shocks on energy and food commodity prices, according to an Economic Bulletin paper pre-released by the European Central Bank on Wednesday.
20 March 2024
By David Barwick – FRANKFURT (Econostream) – Monetary policy could have a greater dampening effect on economic activity than anticipated, European Central Bank Governing Council member Pablo Hernández de Cos said Wednesday.
20 March 2024
By David Barwick – FRANKFURT (Econostream) – Achieving disinflation would be facilitated by fiscal policies that took a medium-term view, European Central Bank Governing Council member Pablo Hernández de Cos said Wednesday.
20 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Consumers’ main strategy to cope with inflation is by adjusting their consumption, according to an Economic Bulletin paper pre-released by the European Central Bank on Wednesday.
20 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday said that the ECB was not yet completely confident about the inflation path but that it would not wait forever and that the next months would bring more information to support a first rate cut in June.
20 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday made it clearer yet that the ECB would before long, most probably in June, start easing its monetary policy stance, even in the absence of complete certainty about the choice of timing.
20 March 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – The impact of the pandemic and the energy crisis on medium-term productivity growth is uncertain, according to an article published by the European Central Bank on Tuesday.
19 March 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank Governing Council appears headed for a series of rate cuts of 25bp each, with the question of whether these cuts should only occur in conjunction with projection meetings still very much up in the air.
19 March 2024
By David Barwick – FRANKFURT (Econostream) –European Central Bank monetary authorities should care no less about deviations of inflation below the ECB’s price stability target than they do about overshooting it, Governing Council member Pablo Hernández de Cos said Tuesday.
19 March 2024
By Isabel Teles – FRANKFURT (Econostream) – Supply side shocks have made a large contribution to core inflation in the euro area and are likely to continue to be relevant, according to findings presented in a research bulletin pre-release published Tuesday by the European Central Bank.
19 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday said that the ECB would be ready to discuss the reduction of interest rates in June, when more data and new projections would be available.
19 March 2024
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 7 March, but earlier comments can still be seen in versions up to that of 4 March .
18 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Monday said that monetary policy easing could contribute to avoiding recession in the euro area.
18 March 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Sunday said that monetary policy easing could be anticipated to start soon and the month of June would be appropriate to begin.
17 March 2024
By Isabel Teles – LONDON (Econostream) – European Central Bank Executive Board member Philip Lane on Friday said that there was evidence showing that the euro area labour market was not as tight as compared to one year ago.
15 March 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is likely to start cutting interest rates at the end of the second quarter if the latest information are consistent with current forecasts, according to ECB Governing Council member Gaston Reinesch.
15 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that the research commissioned by the German Bundesbank on the functioning of financial institutions during the National Socialist era would allow for a better understanding of the past.
15 March 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday said that there would be enough data to support a change to a less restrictive monetary policy stance by the time of the Governing Council meeting in June.
15 March 2024