By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that the ECB had room to keep cutting interest rates, but urged his colleagues at the ECB to refrain from openly guessing about a potential terminal rate.
25 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that he could not currently confirm that interest rates were no longer restrictive.
25 February 2025
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 19 February 2025 with Stelios Leonidou, Senior Economic Officer at the Cypriot Public Debt Management Office.
24 February 2025
By Marta Vilar – MADRID (Econostream) – The Public Debt Management Office of Cyprus is assessing whether it should reopen the 2034 bond anytime soon, according to Senior Economic Officer Stelios Leonidou.
24 February 2025
By David Barwick – FRANKFURT (Econostream) – The European Central Bank is at risk of blindly going too far in easing its monetary policy, according to Governing Council member Pierre Wunsch.
24 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Sunday that the ECB should proceed with caution, but he refused to endorse calls to start pausing interest rate cuts.
23 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Saturday that the neutral rate was not a destination and that the ECB should not decide now what it should do after the summer.
22 February 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Thursday said that disinflation faced risks and that the ECB was prepared to respond to any changes in prospects for inflation or growth.
20 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said last week that the ECB would cut rates to 2% during 2025 but that the pace and size of cuts would still be decided meeting by meeting with a data-dependent approach.
20 February 2025
By David Barwick – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 18 February with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
20 February 2025
By David Barwick – VILNIUS (Econostream) – Market expectations of another three ECB interest rate cuts this year are reasonable, even if high uncertainty makes the precise timing of moves post-March an open question, according to European Central Bank Governing Council member Gediminas Šimkus.
20 February 2025
By David Barwick – FRANKFURT (Econostream) – Here are some aspects of the interview of European Central Bank Executive Board member Isabel Schnabel with the FT, published Wednesday, that we regard as particularly significant:
19 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Wednesday that the ECB was approaching the moment at which interest rate cuts might stop.
19 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Wednesday that the biggest downside risk to inflation stemmed from the weak economy and argued that energy was a new threat on the upside.
19 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone on Tuesday indicated concern about downward pressure on inflation coming from economic weakness and the potential re-routing to Europe of inexpensive Chinese goods hit by US tariffs.
18 February 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Tuesday that the ECB should make sure that its interest rate decisions compensate for the tightening effect produced by shrinking the central bank balance sheet.
18 February 2025
By David Barwick and Marta Vilar – FRANKFURT (Econostream) – The shrinking of the European Central Bank’s balance sheet at the same time as interest rates are being progressively lowered is not seen by the ECB Governing Council as posing any problem or being contradictory, according to a number of insiders who spoke to Econostream recently.
18 February 2025
By David Barwick – VIENNA (Econostream) – There is a real chance that euro area inflation will fall below the European Central Bank’s price stability target of 2%, but this would justify less monetary policy easing, not more, according to Council member Robert Holzmann on Monday.
17 February 2025
- Nagel: Depreciation of euro could strengthen price competitiveness
- Nagel: Positive effects of weak euro not enough to compensate negative impact
- Nagel: ‘Good chance’ of reaching 2% inflation ‘soon’
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Saturday that the main risk for inflation in the medium term was undershooting the 2% target.
15 February 2025