By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that appropriate policies were necessary to guarantee that artificial intelligence (AI) contributed positively to the economy.
11 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that uncertainty was emerging as a new threat to growth and employment at the same time that the impact of inflation was fading.
11 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Thursday said that global coordination between the public and the private sectors was key to developing a successful cross-border payments ecosystem.
11 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – Wage growth in jobs advertised online in euro area countries picked up in June, according to the latest Indeed Wage Tracker.
10 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday said that digitalisation and demographics would shape the future of the German Bundesbank.
10 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – Following is the full transcript of the interview conducted by Econostream on 3 July 2024 with Mário Centeno, Governor of Banco de Portugal and member of the Governing Council of the European Central Bank.
9 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – The decline of euro area producer prices since the end of 2022, confirmed by weaker-than-expected May data released last week, is grounds for the ECB to ask itself whether it is easing monetary policy rapidly enough to avoid undershooting inflation, according to ECB Governing Council member Mário Centeno.
9 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Tuesday said that if it became clear that the ECB’s forecasts were materialising, gradually reducing interest rates could complete the disinflation process.
9 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said that the ECB’s decisions on interest rate cuts were up for a data-based discussion at every meeting and not taken automatically.
9 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Monday said that the occasion for the Governing Council to discuss another interest rate cut in depth would be in September, not in July.
8 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday underscored the important role played by global commerce.
5 July 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank insiders show great reluctance even to consider a priori the use of the transmission protection instrument (TPI) for the benefit of France, but seem disinclined to tolerate fragmentation, were it to really come to it, based on the views of various Eurosystem insiders who spoke to Econostream recently on the subject.
5 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Friday said that bank supervisors should rely on data and technology to successfully fulfil their mandate.
5 July 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Ensuring the protection of privacy is crucial for the success of the digital euro, European Central Bank Governing Council member Joachim Nagel said Friday.
5 July 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Friday said that the ECB would probably cut interest rates once or twice more in 2024.
5 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the ECB needed to ensure the continuation of the disinflation process and that this required information related to services prices in particular.
4 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Klaas Knot on Wednesday said that the discussion of fiscal policy and sovereign debt was back on the radar and that rollover risk could still materialise.
3 July 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Two more rate cuts are possible this year, given that the euro area would remain in restrictive territory after that amount of policy easing, European Central Bank Governing Council member Yannis Stournaras said Wednesday.
3 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank President Christine Lagarde on Tuesday said that the latest euro area inflation figures showed that disinflation in the region would be bumpy, but that the 2% target would be met in 2025.
2 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Mário Centeno on Tuesday said that the ECB would continue to follow its meeting-by-meeting approach and that if the data were favourable, there would be more interest rate cuts this year.
2 July 2024 Central Bank News