ECB’s Villeroy Sees Another Rate Cut ‘By the Summer’
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
News
ECB’s Knot: Medium-Term Inflation Impact of Tariffs Ambiguous
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
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
ECB’s Nagel: ‘It Is Important to Be Cautious and Not Overreact’
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
ECB’s Escrivá: Market Volatility Due to High Valuations, Low Risk Being Priced In
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
ECB’s Escrivá: Inflation Impact of Trade Tensions Hard to Determine, Forces in Opposite Directions
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
ECB Insight: Schnabel, in Effect, Endorses June Rate Cut
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
ECB’s Kazāks: ‘Gradual, Cautious Rate Cuts’ Could Come, Move in June ‘Pretty Possible’
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
ECB’s Schnabel: Should Keep Rates Around Current Levels, Going Accommodative ‘Inappropriate’
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
ECB’s Vujčić: Despite Disinflation Potentially Stalling in Coming Months, Downward Trend Won’t Stop
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Boris Vujčić said on Saturday that the ECB expected inflation to continue trending downward despite potentially remaining steady over the next months.
10 May 2025
ECB’s Escrivá: US Policies Clearer After April 2, But Uncertainty ‘Still Very High’
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Friday that US policies seemed clearer after April 2 but that uncertainty remained high.
9 May 2025
ECB Insight: Rehn Joins Šimkus in Coming Out Clearly for June Cut; Schnabel Still to Speak
By David Barwick – FRANKFURT (Econostream) – There was never much question about where European Central Bank Governing Council member Olli Rehn came down on the question of whether or not to cut interest rates again in June, but the Bank of Finland governor laid any lingering doubts to rest on Friday.
9 May 2025
ECB’s Šimkus: Cannot Rule out Another Cut After June; Could Be in July, September or December
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Friday that he could not rule out another interest rate cut after the June meeting, but that its timing was open.
9 May 2025
ECB’s Rehn: Should Cut Rates in June if Projections Show Weaker Growth and Disinflation
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Friday that a confirmation of ongoing disinflation and weaker growth in the ECB's June projections would argue for another rate cut.
9 May 2025
ECB’s Lagarde: Update of Strategy ‘Obviously Was Needed’ Due to Many Changes
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Thursday that the ECB had updated its strategy during this week’s retreat in Porto, Portugal.
8 May 2025
ECB’s Panetta Warns of Risks of Unbacked Crypto-Assets
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Tuesday highlighted the risks associated with unbacked crypto-assets but said that stablecoins suffered from too many flaws to offer a solution to payment system deficiencies.
6 May 2025
ECB Insight: Stournaras Fails to Reiterate His Earlier Expectation of a 2% Terminal Rate
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras’ comments on Monday appear to be a cautious retreat from his earlier insistence on the likelihood of a terminal rate of 2%.
6 May 2025
ECB’s Stournaras: ‘It Seems That We Will Continue’ Cutting Interest Rates
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Monday said that the ECB would evidently go on easing monetary policy.
5 May 2025
ECB’s Panetta: Must Take Trade Tensions, Uncertainty Into Account for Policy Decisions
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Monday that recent trade tensions and increasing uncertainty would have an impact on monetary policy decisions
5 May 2025
ECB Insight: de Guindos Highlights Potential for Further Policy Easing to Be Needed
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Saturday seemed to encourage expectations of further easing and in any case did not in the least push back against these.
5 May 2025