By Aurėja Bobelytė – VILNIUS (Econostream) – Most consumers in the euro area prefer to use one payment method, generally cash or contactless cards, the European Central Bank said on Tuesday.
12 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that there was a common understanding within the Governing Council on reducing interest rates during the spring.
12 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Monday said that the next steps regarding interest rates would be determined by the success in achieving price stability.
11 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Monday said that the ECB’s confidence would ‘reach the threshold’ in June.
11 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 7 March, but earlier comments can still be seen in versions up to that of 4 March .
11 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The inclusion of owner-occupied housing (OOH) in annual euro area HICP would impact the latter in an amount between -1.2 and +0.4 points, the European Central Bank said on Monday.
11 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Saturday said that when the time came for the ECB to modify its monetary policy stance, gradual changes would be preferable.
11 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Sunday said that information to come over the second quarter should put the ECB in a position where it could consider cutting interest rates.
10 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The risk that a European Central Bank rate cut would turn out to have been too early is now significantly lower, Governing Council member Olli Rehn said on Friday.
8 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller on Friday said that the ECB may in the next months gain the necessary confidence whose lack had motivated yesterday’s decision to leave rates untouched.
8 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that interest rates were likely to be reduced in the spring.
8 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that it remained uncertain whether the ECB would have to tighten monetary policy further.
8 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Friday said that the ECB’s next moves would depend on incoming information, and noted that the disinflationary process had decelerated lately.
8 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the Governing Council had started the discussion about changing the monetary policy stance, but that it still required more data to be sure about the disinflation process.
7 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday delivered a performance in line with the largest part of Governing Council members’ communication in recent weeks pointing to June as being the likeliest start of monetary policy easing.
7 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided once again to keep its three key interest rates unchanged, as widely expected by markets and analysts.
7 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Aside from a few outliers impatient for looser European Central Bank monetary policy (and a number favouring a particularly leisurely approach), it is apparent at this point that the Governing Council has its sights tentatively set on the June meeting as the most promising candidate for the first rate cut.
6 March 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s updated macroeconomic forecasts are likely to show lower inflation for 2024 and possibly also 2025, according to an ECB insider who spoke to Econostream recently.
5 March 2024 Central Bank News
They Said It - Recent Comments of ECB Governing Council Members
4 March 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that a strong and consistent regulatory system was necessary for crypto assets’ benefits to be completely realised.
29 February 2024 Central Bank News