By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that within the limits of its mandate, the ECB would work on climate change-related issues.
7 June 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the Council was more confident about inflation converging to target but would remain prudent in its decisions.
7 June 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the ECB would decide on further interest rate cuts according to the inflation outlook.
7 June 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Following is the full transcript of the interview conducted by Econostream on 5 June 2024 with Kaspars Āboliņš, Director of the Latvian State Treasury:
7 June 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Latvia is planning to fund itself on capital markets for the rest of 2024,while maintaining flexibility, according to Kaspars Āboliņš, Director of the Latvian State Treasury.
7 June 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Friday said that it would be possible for the ECB to cut interest rates again this year.
7 June 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that the ECB must not pre-commit to a specific interest rate path, as there was still uncertainty about the future of inflation.
7 June 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Olli Rehn on Friday said that the reduction in the ECB’s key interest rates would support the economic recovery.
7 June 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Further decisions on monetary policy would remain highly dependent on incoming data, European Central Bank Governing Council member Boštjan Vasle said Friday.
7 June 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Following the European Central Bank's first step in reducing interest rates, additional cuts should be gradual and according to a data-dependent approach, ECB Governing Council member Mārtiņš Kazāks said Friday.
7 June 2024
By Isabel Teles – FRANKFURT (Econostream) – After two years of weakness, the German economy is projected to slowly recover in 2024 and to strengthen in 2025 and 2026, the German Bundesbank said on Friday in its latest semi-annual forecasts.
7 June 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that the ECB’s decisions to reduce interest rates were not subject to automaticity.
7 June 2024
By David Barwick – FRANKFURT (Econostream) – The opposition of Austrian National Bank Governor Robert Holzmann to the European Central Bank’s decision yesterday to cut interest rates by 25bp must have been somewhat of a surprise not just to a large number of his fellow Governing Council members, but to Holzmann himself.
7 June 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that the ECB was likely entering a period of reducing monetary policy restrictions after cutting interest rates by 25bp.
6 June 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday succeeded in leaving even more uncertain than might have been expected the timing of any further interest rate cuts, though without undermining the idea that more monetary policy easing would be coming as the disinflation process continued and wages ultimately softened.
6 June 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday decided to cut its key interest rates by 25bp, as widely expected by markets and analysts.
6 June 2024
By David Barwick – FRANKFURT (Econostream) – A July rate cut by the European Central Bank appears unlikely, given the need for the ECB to proceed with easing carefully and supported by data every step of the way, in the opinion of several insiders who spoke to Econostream very recently.
5 June 2024
By David Barwick – FRANKFURT (Econostream) – Much of what filled this space ahead of the 11 April monetary policy meeting of the European Central Bank Governing Council remains valid now, starting with the idea that, as we said at the time, ‘a first rate cut in June should be everyone’s central scenario.’
4 June 2024
By Isabel Teles – ROME (Econostream) – European Central Bank Governing Council member Fabio Panetta on Friday said that reducing interest rates quickly and gradually would be the best way to deal with macroeconomic uncertainty.
31 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – As monetary policy easing looms ever larger, risks to the economy remain, European Central Bank Governing Council member Boštjan Vasle said Monday.
31 May 2024