Latest News


They Said It - Recent Comments of ECB Governing Council Members

They Said It - Recent Comments of ECB Governing Council Members

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 14 December, but earlier comments can still be seen in versions up to that of 08 December .

15 January 2024 Central Bank News
ECB’s Lagarde: Further Hikes Unlikely, Barring New Shocks

ECB’s Lagarde: Further Hikes Unlikely, Barring New Shocks

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that interest rates were unlikely to increase again if the economic situation remained as expected.

11 January 2024 Central Bank News
ECB’s Schnabel: Additional Data Needed to Discuss Interest Rate Cuts

ECB’s Schnabel: Additional Data Needed to Discuss Interest Rate Cuts

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Wednesday said that more data confirming that inflation had sustainably converged to the ECB’s target were necessary before discussing a reduction in interest rates.

10 January 2024 Central Bank News
ECB’s Villeroy: Rates Will Be Cut Once Inflation Firmly Anchored at 2%

ECB’s Villeroy: Rates Will Be Cut Once Inflation Firmly Anchored at 2%

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that the appropriate moment for interest rates to be cut in 2024 would be when the inflation outlook was firmly anchored.

9 January 2024 Central Bank News
ECB’s Schnabel: ‘Still Some Way to Go’ Before Inflation Hits 2%

ECB’s Schnabel: ‘Still Some Way to Go’ Before Inflation Hits 2%

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that the process of bringing inflation to target was still continuing and that it was necessary to see how it would develop.

23 December 2023 Central Bank News
ECB’s Knot: ‘I Would Be in No Hurry to Cut Interest Rates’

ECB’s Knot: ‘I Would Be in No Hurry to Cut Interest Rates’

By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Wednesday said that he would not be in a rush to consider reducing interest rates, as there were still relevant economic developments to be assessed.

20 December 2023 Central Bank News