By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Thursday said that the inflation outlook provided enough confidence for a first interest rate cut soon and that this was likely to happen in June.
16 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Excess liquidity would persist and short-term money market interest rates would remain close to the deposit facility rate, European Central Bank Governing Council member Joachim Nagel said Thursday.
16 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Thursday said that expectations of interest rate cuts were justified in view of disinflation towards the ECB's 2% target.
16 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday said that even amid evidence of resilience in the euro area banking sector, it was important to consider potential risks to financial stability.
16 May 2024
By Isabel Teles – FRANKFURT (Econostream) – Despite having progressed since last November, the outlook for financial stability in the euro area is still fragile, according to the May 2024 Financial Stability Review published on Thursday by the European Central Bank.
16 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Thursday that there was no need to rush rate cuts after June 6.
16 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Wednesday said that ECB interest rate cuts must consider the impact on economic activity.
15 May 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank Governing Council is increasingly cautious about prospects for monetary easing beyond the policy meeting in three weeks, though that should not mislead anyone into questioning a June rate cut, according to three Eurosystem insiders who spoke to Econostream recently.
15 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Wednesday said that the effort towards a green transition must include risk forecasting and mitigation of the effects of climate-related events.
15 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Interest rates could be cut in June if confidence in the sustainability of disinflation towards 2% kept increasing, European Central Bank Governing Council member Olli Rehn said Wednesday.
15 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Even though a June rate cut is highly probable, the European Central Bank should stay cautious about further reductions, ECB Governing Council member Madis Müller said Wednesday.
15 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday said that it would be possible for the ECB to start cutting interest rates if inflation continued to decelerate.
14 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – Policymakers need to monitor geopolitical risks to be able to mitigate its possible consequences to price stability, according to a Financial Stability Review pre-release published on Tuesday by the European Central Bank.
14 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Tuesday said that in order to start gradually reducing interest rates it was necessary to observe price pressures moderating in line with the ECB's projections.
14 May 2024
By Isabel Teles – FRANKFURT (Econostream) – The pass-through of wage growth to inflation in the Netherlands is muted, limiting the likelihood of a wage-price spiral, Gerbert Hebbink, Principal Economist at De Nederlandsche Bank, told Econostream in a recent interview.
14 May 2024
By David Barwick – FRANKFURT (Econostream) – Even a very poor spot euro area inflation reading this month would not necessarily dissuade the European Central Bank’s Governing Council from going through with the 25bp rate cut that has been amply signalled for its June meeting, in the view of a Eurosystem insider who spoke to Econostream recently.
14 May 2024
By Aurėja Bobelytė – VILNIUS (Econostream) – European Central Bank Executive Board member Frank Elderson on Friday said that the flow of finance remains insufficient for a timely and orderly green transition.
10 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Friday said that the digital euro would contribute to bolstering the European payment environment.
10 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Thursday said that central banks needed to keep up with technology and guarantee that central bank money always be seen as suitable for settlements.
9 May 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Wednesday said that it was possible for the ECB to start reducing interest rates this year even with some uncertainty about the inflation trajectory, as it would be harmful to stay in restrictive territory for too long.
8 May 2024