By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Boštjan Vasle on Tuesday said that interest rates could be reduced further this year if everything evolved as expected.
2 July 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Monetary policy could be eased further this year if incoming data support the latest projections, European Central Bank Governing Council member Madis Müller said Tuesday.
2 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Vice President Luis de Guindos on Tuesday warned that the next months would be difficult for the disinflationary process.
2 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday echoed the words of ECB President Christine Lagarde the previous evening, namely that the ECB was in no hurry to cut interest rates further and could wait for more data.
2 July 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – Following is the full transcript of the interview conducted by Econostream on 29 June with Mārtiņš Kazāks, Governor of Latvijas Banka and member of the Governing Council of the European Central Bank:
2 July 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – If euro area inflation fails to subside in the coming months but price stability is still seen being restored by the end of next year, then the European Central Bank would need to consider a further interest rate cut in September, ECB Governing Council member Mārtiņš Kazāks said Saturday.
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 was confident about the disinflation path, but that it was still necessary to act prudently.
2 July 2024 Central Bank News
By Isabel Teles – SINTRA, Portugal (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Tuesday said that he agreed with the pricing of one more interest rate cut this year, but that from today’s perspective, two cuts would be too many, even if not excluded.
2 July 2024 Central Bank News
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will need time to be convinced that the threat of too-high inflation has subsided, ECB President Christine Lagarde said Friday.
1 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Monday said that the German economy was showing signs of recovery and called for policy measures to increase investment in the country.
1 July 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Two more rate cuts in 2024 could be possible, if data support this, European Central Bank Governing Council member Gediminas Šimkus said Monday.
1 July 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – Further interest rate cuts could pose a challenge if inflation continues to hover around 2.5%, European Central Bank Governing Council member Pierre Wunsch said Monday.
1 July 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the disinflation process had been successful and that the focus should not be on volatile data.
28 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – One more interest rate cut could be expected in 2024, European Central Bank Governing Council member Peter Kažimír said Thursday.
27 June 2024 Central Bank News
By Aurėja Bobelytė – VILNIUS (Econostream) – The European Central Bank’s consumer expectations survey for May, released Friday, showed inflation expectations at the lowest level since September 2021.
28 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson on Thursday said that European banking supervisors needed to focus on the identification and timely remediation of risks.
27 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Thursday said the current state of the economy in the euro area, with low unemployment and the perspective of a soft landing, made it unnecessary to hurry with monetary policy easing .
27 June 2024 Central Bank News
By David Barwick – HELSINKI (Econostream) – European Central Bank Governing Council member Olli Rehn on Wednesday made clear that he, too, respected the ECB’s data-driven, meeting-by-meeting approach to setting monetary policy.
26 June 2024 Central Bank News
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Wednesday said that the ECB would normalise its monetary policy stance after the last mile of disinflation had been dealt with.
26 June 2024 Central Bank News
By David Barwick – HELSINKI (Econostream) – The European Central Bank should not be in any hurry about lowering interest rates, according to ECB Governing Council member and head of Latvijas Banka Mārtiņš Kazāks on Wednesday.
26 June 2024 Central Bank News