By Aurėja Bobelytė – VILNIUS (Econostream) – Even though a June rate cut is highly probable, the European Central Bank should stay cautious about further reductions, ECB Governing Council member Madis Müller said Wednesday.
15 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that it would be possible for the ECB to start cutting interest rates if inflation continued to decelerate.
14 May 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Policymakers need to monitor geopolitical risks to be able to mitigate its possible consequences to price stability, according to a Financial Stability Review pre-release published on Tuesday by the European Central Bank.
14 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday said that in order to start gradually reducing interest rates it was necessary to observe price pressures moderating in line with the ECB's projections.
14 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The pass-through of wage growth to inflation in the Netherlands is muted, limiting the likelihood of a wage-price spiral, Gerbert Hebbink, Principal Economist at De Nederlandsche Bank, told Econostream in a recent interview.
14 May 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Even a very poor spot euro area inflation reading this month would not necessarily dissuade the European Central Bank’s Governing Council from going through with the 25bp rate cut that has been amply signalled for its June meeting, in the view of a Eurosystem insider who spoke to Econostream recently.
14 May 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Executive Board member Frank Elderson on Friday said that the flow of finance remains insufficient for a timely and orderly green transition.
10 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Friday said that the digital euro would contribute to bolstering the European payment environment.
10 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Thursday said that central banks needed to keep up with technology and guarantee that central bank money always be seen as suitable for settlements.
9 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Wednesday said that it was possible for the ECB to start reducing interest rates this year even with some uncertainty about the inflation trajectory, as it would be harmful to stay in restrictive territory for too long.
8 May 2024 Central Bank News
- Nagel: Should not allow risk of expectations de-anchoring to materialise
7 May 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – The Capital Markets Union is urgently needed to ensure the transition to a green economy, European Central Bank Governing Council member Joachim Nagel said Tuesday.
7 May 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Tuesday said that if the inflation trend continued to point downwards, then the ECB would cut interest rates in June.
7 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that central banking would need to adapt to the demands of a society and economy as these become more and more digital.
6 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Monday said that many central banks were considering central bank digital currencies (CBDCs) and that it was necessary to ensure the interoperability of CBDCs to guarantee an adequate payments process.
6 May 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Monday said that commercial banks must not be afraid of central bank digital currency (CBDC), as its primarily role was to contribute to financial system stability.
6 May 2024 Central Bank News
By David Barwick – VILNIUS (Econostream) – The European Central Bank will likely loosen monetary policy, but will also keep it sufficiently restrictive so as to ensure the restoration of price stability, European Central Bank Governing Council member Boris Vujčić said Monday.
6 May 2024 Central Bank News
By David Barwick – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Monday said that current thinking regarding monetary policy was the same as two weeks ago and that interest rate cuts could start.
6 May 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said that his confidence about achieving price stability in a timely manner had improved after looking at new data and estimates.
6 May 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Following is the full transcript of the interview conducted by Econostream on 25 April 2024 with Maric Post, Director Treasury and Capital Markets at the Belgian Debt Agency:
3 May 2024 Central Bank News