By David Barwick – FRANKFURT (Econostream) – Today, we undertake another member-by-member review of the European Central Bank Governing Council, this time with respect to the likelihood of support for a rate cut in September.
4 July 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that there was a risk that inflation would undershoot the ECB's 2% target if the strength of the euro were to persist.
4 July 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said Friday that the ECB had delivered price stability, given euro area inflation of 2%, and would continue to do so at all cost.
4 July 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Friday said that being agile meant being sensitive to the ramifications of major shocks.
4 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Wednesday that he was not uncomfortable with current market expectations for euro area monetary policy.
2 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Olli Rehn said on Wednesday that he was worried about persistently undershooting the ECB's inflation target.
2 July 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The exchange rate of the euro has not reached a point that is concerning, according to European Central Bank Governing Council member Alexander Demarco on Wednesday.
2 July 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – There is no clear need for the moment to ease European Central Bank monetary policy further, ECB Governing Council member Madis Müller said Tuesday.
1 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde said on Tuesday that the inflation target was now reached but that the ECB should remain ‘extremely vigilant’.
1 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that the ECB should not be too complacent despite its presently good situation.
1 July 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that the inflation cycle was over but indicated that this did not mean monetary policy’s job was done.
1 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Tuesday that if the ECB were to change interest rates again, it could deliver an ‘insurance cut’ to avoid the inflation undershoot in 2026 from becoming persistent.
1 July 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Tuesday that the labour market, financial stability and climate change also needed to be elements of ECB policymaking.
1 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank Vice President said on Tuesday that cutting interest rates one more time would not help the economy recover.
1 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Monday that were the economy not to recover as expected, the ECB might have to provide more monetary accommodation.
30 June 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Boris Vujčić said on Tuesday that it was not guaranteed that trade uncertainty would come to an end after the July 9 negotiations deadline.
1 July 2025 Central Bank News
By Marta Vilar – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde said on Monday that the recent inflationary episode underscored the need for the ECB to adopt a response framework that addressed both upward and downward deviations from its inflation target.
30 June 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Monday that the ECB might not have all the information it needed in order to move in September.
30 June 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Monday that the current interest rate level was the right stance for the ECB, but that the institution had to remain flexible.
30 June 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Monday urged continued vigilance on inflation in both directions, warning that the risks of undershooting the ECB’s 2% target should not be underestimated.
30 June 2025 Central Bank News