Central Bank


ECB Insight: Insiders Make Clear a Cut, if One Comes, Would Require Real Change, Not Just Softer Data

ECB Insight: Insiders Make Clear a Cut, if One Comes, Would Require Real Change, Not Just Softer Data

By David Barwick and Marta Vilar – FRANKFURT (Econostream) – Recent conversations by Econostream with multiple European Central Bank policymakers point to one conclusion: any lingering expectations of a December rate cut would be unrealistic unless the policy environment changed significantly.

22 October 2025
ECB’s Stournaras: ECB Achieved Soft Landing, Independence Key to Credibility

ECB’s Stournaras: ECB Achieved Soft Landing, Independence Key to Credibility

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said the ECB had succeeded in engineering a soft landing, bringing inflation back to target without damaging growth, and that the institution’s independence and credibility were central to that outcome.

21 October 2025
ECB’s Lane: Financial Conditions Have Eased but Remain Restrictive; Credit Dynamics Still Weak

ECB’s Lane: Financial Conditions Have Eased but Remain Restrictive; Credit Dynamics Still Weak

By David Barwick – FRANKFURT (Econostream) – On 21 October 2025, European Central Bank Executive Board member Philip R. Lane said monetary transmission is proceeding but remains uneven, with financial conditions still restrictive and credit dynamics subdued compared to past regularities.

21 October 2025
ECB’s Lagarde: Europe Must Unlock Investment to Build Renewables-Based Energy System

ECB’s Lagarde: Europe Must Unlock Investment to Build Renewables-Based Energy System

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that Europe must accelerate investment in renewables to secure affordable, sustainable and reliable energy and strengthen its long-term competitiveness.

21 October 2025
ECB’s Nagel: Independence, Reliable Statistics and Clear Mandate Are Essential to Stability

ECB’s Nagel: Independence, Reliable Statistics and Clear Mandate Are Essential to Stability

By David Barwick – FRANKFURT (Econostream) – Bundesbank President Joachim Nagel on Tuesday said that credibility in monetary policy depends on central bank independence, reliable statistics and a clear focus on the price stability mandate.

21 October 2025
ECB’s Lagarde: “Europe Is Not a Key Source of Global Imbalances”

ECB’s Lagarde: “Europe Is Not a Key Source of Global Imbalances”

By David Barwick – WASHINGTON (Econostream) – European Central Bank President Christine Lagarde on Saturday called anew for reducing internal European barriers to trade and denied that Europe bore chief responsibility for global imbalances.

18 October 2025
ECB’s Nagel: I Am Confident About Inflation, But We Should Not Be Complacent

ECB’s Nagel: I Am Confident About Inflation, But We Should Not Be Complacent

By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Saturday that he was “confident” about inflation and that the ECB should not be complacent.

18 October 2025
ECB’s Kazāks: Rate Move Needed if Inflation “Consistently and Significantly Below 2%”

ECB’s Kazāks: Rate Move Needed if Inflation “Consistently and Significantly Below 2%”

By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Friday that the ECB would have to adjust interest rates if inflation was at risk of persistently undershooting its 2% target.

17 October 2025
ECB’s Wunsch Backs a “Mildly Supportive Stance” if Inflation Lags, Growth Steady

ECB’s Wunsch Backs a “Mildly Supportive Stance” if Inflation Lags, Growth Steady

By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Friday that he would back a “mildly supportive stance” if inflation stayed below 2% while growth held at potential and the labour market remained solid.

17 October 2025
ECB’s Rehn: European Growth “Too Modest”; Dollar Challenged But Apt to Remain King

ECB’s Rehn: European Growth “Too Modest”; Dollar Challenged But Apt to Remain King

By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Olli Rehn on Friday said that Europe was in need of measures to boost too-weak economic growth and that the US dollar’s hegemony was being challenged but likely to continue.

17 October 2025
ECB’s Nagel: There Is Currently No Need to Act on Interest Rates

ECB’s Nagel: There Is Currently No Need to Act on Interest Rates

By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Friday that there was currently no need for the ECB to act.

17 October 2025
ECB’s Šimkus: “I Like the Idea of a Risk Management Cut”

ECB’s Šimkus: “I Like the Idea of a Risk Management Cut”

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Friday advocated further ECB monetary policy easing.

17 October 2025
ECB’s Scicluna: “Onus Is on Those Who Want to Cut Further to Convince the Rest of Us”

ECB’s Scicluna: “Onus Is on Those Who Want to Cut Further to Convince the Rest of Us”

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Edward Scicluna said he doesn’t expect any change to interest rates this month, while signaling that the December policy meeting will feature a more heated discussion on the basis of new data and projections.

17 October 2025
ECB’s Lagarde: “Not Pre-Committing to a Particular Rate Path”

ECB’s Lagarde: “Not Pre-Committing to a Particular Rate Path”

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday reaffirmed that the ECB would decide its monetary policy stance on a meeting-by-meeting basis, guided by data and without pre-commitment to any rate path.

17 October 2025
ECB’s Lane: “We Are Trying to Be as Open-Minded as Possible”

ECB’s Lane: “We Are Trying to Be as Open-Minded as Possible”

By Marta Vilar – WASHINGTON (Econostream) – European Central Bank Chief Economist Philip Lane said on Thursday that the ECB was trying to be fully flexible in its moves and would stick to its meeting-by-meeting approach.

16 October 2025
ECB’s Kocher: “Good Argument to Be Made for Not Adjusting the Policy Rate”

ECB’s Kocher: “Good Argument to Be Made for Not Adjusting the Policy Rate”

By David Barwick – WASHINGTON (Econostream) – European Central Bank Governing Council member Martin Kocher on Wednesday said that he saw no grounds at the moment for changing euro area interest rates.

16 October 2025
ECB’s Rehn: Must Maintain Monetary Policy Optionality

ECB’s Rehn: Must Maintain Monetary Policy Optionality

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Thursday made a plea to leave open all possibilities for monetary policy.

16 October 2025