By David Barwick – HELSINKI (Econostream) – European Central Bank Governing Council member Fabio Panetta on Wednesday expressed a surprisingly dim view of his Finnish colleague’s disregard earlier in the day for the ECB’s data-dependent, meeting-by-meeting approach to policymaking.
26 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) - Bulgaria, the Czech Republic, Hungary, Poland, Romania and Sweden recorded average inflation rates above the reference value of 3.3%, according to the 2024 Convergence Report published Wednesday by the European Central Bank.
26 June 2024 Central Bank News
By David Barwick – HELSINKI (Econostream) – European Central Bank Governing Council member Olli Rehn on Wednesday said that euro area inflation would ultimately settle down at the ECB’s price stability target, notwithstanding latest developments.
26 June 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – It is truly remarkable to what extent European Central Bank Governing Council members diverge in their interpretation of what a data-dependent, meeting-by-meeting approach to policymaking means in practice.
26 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – Carbon emissions associated with the Eurosystem’s corporate sector portfolios have declined, and interim targets would be set to monitor the emission reduction, according to the latest climate-related financial disclosures published Tuesday by the European Central Bank.
25 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – The digital euro could strengthen competition and bolster Europe’s strategic autonomy and resilience, European Central Bank Executive Board member Piero Cipollone said Tuesday.
25 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Monday said that she did not see a big risk in the ECB’s monetary policy diverging from that of the United States Federal Reserve.
24 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that the digital euro would make Europe more self-reliant amid increasing geopolitical risks.
24 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that productivity could be strengthened with further digitalisation.
24 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Sunday said that the ECB was wary about potential price shocks and would continue to be data-dependent when deciding about interest rates.
23 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – While monetary policy tools have been adapting and changing, the mandate of central banks to ensure price stability remains the same, European Central Bank Governing Council member Gediminas Šimkus said Friday.
21 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that given the high uncertainty surrounding current inflation drivers, it would be better for the ECB to decide on interest rates cuts at meetings with new projections.
20 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – German inflation rates will vary around a middle level over the next several months, the German Bundesbank on Thursday in its latest monthly report.
20 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The economic recovery in the euro area at the beginning of 2024 was broader than the March 2024 staff projections anticipated, and growth should continue with the support of private consumption, according to the latest Economic Bulletin published Thursday by the European Central Bank.
20 June 2024 Central Bank News
By David Barwick – DUBROVNIK, Croatia (Econostream) – Following is the full transcript of the interview conducted by Econostream on 15 June 2024 with Mário Centeno, Governor of Banco de Portugal and member of the Governing Council of the European Central Bank.
20 June 2024 Central Bank News
By David Barwick – DUBROVNIK, Croatia (Econostream) – The European Central Bank should leave open the possibility of cutting euro area interest rates again at the July monetary policy meeting, according to ECB Governing Council member Mário Centeno.
20 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Wednesday said that the ECB would cut interest rates provided that the disinflation process continued.
19 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Pension-related contributions strongly affect the total tax burden in many countries, according to the latest monthly report published by the German Bundesbank on Wednesday.
19 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – Policymakers should aim to lower elevated public debt, according to the European Central Bank's latest Economic Bulletin, published Wednesday.
19 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that there was still uncertainty about inflation and that monetary policy decisions should be based on incoming data, not on expectations.
18 June 2024 Central Bank News