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Econostream Media is a financial newswire with a mission to improve understanding of monetary policy and debt issuance by reporting on the central banks and debt issuance agencies, their policies and how they impact the financial markets.
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn on Wednesday called for further monetary accommodation in light of the improved inflation outlook and weaker growth prospects in the euro area.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said that some of the worst-case scenarios that had been identified were already materialising.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Mário Centeno said on Wednesday that US tariffs would cause a ‘contraction of the economy’, while the impact on prices would be ‘ambiguous’.
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Wednesday that in light of recent developments, the ECB had to strengthen the European economy.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Wednesday that the ECB would be better off if it took a wait-and-see approach with regard to next week’s monetary policy decision.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB should cut rates soon given the developments that had taken place after the US tariff announcement.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Wednesday that it would take some time for the ECB to find out if the net effect of trade tensions would be deflationary, in which case the central bank should react accordingly.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Wednesday that the ECB should support weak economic growth once its inflation target of 2% is reached.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Klaas Knot said on Wednesday that it was likely that as time went by the inflationary impact of US tariffs would dominate.
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Robert Holzmann said on Tuesday that he did not see a reason to change his mind about preferring a pause in the ECB's April 17 monetary policy meeting.