By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday said that there was much room to cut interest rates further but that easing should be approached carefully in view of elevated uncertainty.
16 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Thursday that US policies would encourage an increase in protectionism in the years ahead.
16 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – Since the European Central Bank's monetary policy meeting of 12 December, a significant number of Governing Council members have been conspicuously hesitant to celebrate an immaculate disinflation for a common reason: the ongoing threat posed by high services inflation.
16 January 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Arguably, 2025 has not gotten off to the best start for the European Central Bank’s Governing Council, which is two short of the normal complement of 26 members.
16 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Wednesday that the easing cycle should remain gradual.
16 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that the ECB had practically won the battle against inflation and called for a steady pace of rate cuts until reaching 2% in the summer.
15 January 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Wednesday said that high uncertainty in various regards demanded a cautious approach to monetary policy and excluded pre-commitments.
15 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann on Tuesday said he was unsure what the next monetary policy meeting would bring and warned against cutting interest rates hastily.
14 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Tuesday that monetary policy would no longer be restrictive by midsummer.
14 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn on Monday endorsed further policy easing, but that the magnitude and pace of rate cuts would depend on new data.
13 January 2025 Central Bank News
By David Barwick and Marta Vilar – ZAGREB (Econostream) - Following is the full transcript of the interview conducted by Econostream on 9 January with Boris Vujčić, Governor of the Croatian National Bank and member of the Governing Council of the European Central Bank:
13 January 2025 Central Bank News
By David Barwick and Marta Vilar – ZAGREB (Econostream) – The European Central Bank remains unlikely to accelerate the pace of its monetary policy easing, according to Governing Council member Boris Vujčić.
13 January 2025 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that ECB monetary policy should continue to ease but at a gradual pace, as services inflation still had to decline and the degree of economic deterioration that would warrant a faster pace was not expected.
13 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Thursday that the ECB shouldn’t be overly worried about countering future inflation shocks now but rather contribute toward realising the economy’s full potential.
9 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB could lower rates to neutral territory if inflation eased as expected in the following months.
8 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that the effect of trade tensions on inflation was uncertain but on economic growth would be negative.
3 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Wednesday that the ECB expected inflation to go back to 2% in the course of 2025.
1 January 2025 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said on Monday that the ECB should maintain a gradual pace of rate cuts, but that larger moves should not be ruled out.
30 December 2024 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Monday that Europe could face deflation in the event of a trade war if China were to exports its goods at lower and lower prices.
30 December 2024 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Saturday that the ECB might be willing to consider waiting longer for the next rate cut, given inflation risks.
28 December 2024 Central Bank News