By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Madis Müller said on Monday that cutting interest rates further could be justified if they were not lowered ‘significantly’.
19 May 2025
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 19 May 2025 with Janno Luurmees, Head of Estonia’s State Treasury Department.
19 May 2025
- 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’
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Pierre Wunsch said on Sunday that the economy could require that the ECB enter accommodative territory.
18 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Sunday that Europe should be ready to react strongly to US tariffs if negotiations turn out to be unsuccessful.
18 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Saturday that the ECB could leave rates ‘broadly’ around current levels.
17 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that the ECB would include alternative scenarios about US tariff policies in its June forecasts.
16 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Friday that we were not yet in a currency war, but that there was a threat of a trade war.
16 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Friday that the end of the easing cycle might be near but that high uncertainty had the potential to change the policy outlook.
16 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Thursday that even with a potential easing of trade tension, elevated uncertainty would likely dampen economic activity.
15 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Wednesday that incoming data would help him reach a decision for the Council's June meeting.
14 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that there was room for another rate cut by summer.
13 May 2025
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Tuesday reiterated his view that trade tensions’ medium-term impact on euro area inflation was unclear.
13 May 2025
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
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that it was crucial that the ECB be cautious and not overreact.
13 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Tuesday that sharp moves in the market in the past few weeks were due to very high valuations and low risk being priced in.
13 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Tuesday that the impact of trade tensions on inflation was hard to determine and that there were forces working in opposition to each other.
13 May 2025
By David Barwick – FRANKFURT (Econostream) – Granted, European Central Bank Executive Board member Isabel Schnabel would object to our title above, her speech early Saturday (Frankfurt time) during a conference at Stanford University having clearly been meant as a pushback against calls to take euro area interest rates ever lower.
12 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said on Monday that another interest rate cut in June was quite possible.
12 May 2025
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Saturday that the ECB should keep rates near current neutral levels, and that an accommodative stance would be inappropriate.
10 May 2025