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ECB’s Centeno: May Have to Go Below Neutral Rate

ECB’s Centeno: May Have to Go Below Neutral Rate

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Wednesday that the ECB could need to cut interest rates below what he considered to be the neutral rate.

21 May 2025 Central Bank News
Exclusive: Estonian DMO Head: Increased Defence Spending Could Lead to Higher Issuance, Long-Term Bond Comeback

Exclusive: Estonian DMO Head: Increased Defence Spending Could Lead to Higher Issuance, Long-Term Bond Comeback

- Janno Luurmees, Head of Estonia’s State Treasury Department: ‘We anticipate another Treasury bill auction in 2H25’
- Luurmees: Increasing defence spending may lead to higher issuance in 2H25
- Luurmees: Higher defence spending ‘could bring long-term issuance back to consideration’
- Luurmees: Might pre-finance part of 2026 budget if market conditions favourable
- Luurmees: ‘We are far from any kind of debt spiral’
- Luurmees: Currently no decisions made about future retail issuances
- Luurmees: ‘We have no plans to issue green bonds at this stage’

19 May 2025 Debt Issuance News
ECB’s Makhlouf: Monetary Policy Will Need Careful Calibration

ECB’s Makhlouf: Monetary Policy Will Need Careful Calibration

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said on Tuesday that monetary policy would need ‘careful calibration’ given the effects of shocks related to fragmentation.

13 May 2025 Central Bank News