Slower wage growth needed for euro zone rate cuts, ECB’s Knot says
AMSTERDAM (Reuters) – The European Central Bank (ECB) will need to see proof of slowing wage growth in the euro zone before interest rates can be lowered, ECB governing council member Klaas…
ECB’s Centeno says mortgage default risk in Portugal is low
By Sergio Goncalves LISBON (Reuters) – The risk of default on mortgages in Portugal is low despite the steep rise in interest rates by the European Central Bank (ECB) because there are…
ECB’s Makhlouf says impact of rate hikes ‘well underway’
DUBLIN (Reuters) – The impact of the European Central Bank’s interest rate hikes on financial conditions is “well underway” and rate-setters must be alert to longer lag effects when considering future action,…
ECB’s De Guindos warns of broad risks in financial sector
By Giancarlo Navach CERNOBBIO, Italy (Reuters) – The European Central Bank (ECB) is monitoring broad risks across the financial sector and will act to preserve stability in the euro area, ECB vice-president…
Euro zone underlying inflation sticky, ECB’s Schnabel says in Washington
WASHINGTON (Reuters) -Underlying inflation in the euro zone is proving sticky and the recent fall in energy costs may not pull it down as fast as some expect, European Central Bank board…
ECB’s Holzmann waters down call for three more rate hikes
VIENNA (Reuters) – European Central Bank (ECB) policymaker Robert Holzmann on Monday watered down his recent call for three further interest-rate increases of 50 basis points in quick succession. Holzmann, who heads…
ECB’s Centeno sees some build-up of inflationary tensions
LISBON (Reuters) – European Central Bank policymaker Mario Centeno warned on Monday that, even though the pace of interest rate hikes to fight inflation has been high, there are factors pointing to…
ECB’s Stournaras: Chance of contagion to EU banks “very small”
ATHENS (Reuters) – The European banking system is well-equipped with capital and the probability of contagion due “very small”, ECB’s policymaker Yannis Stournaras said in an interview with CNBC on Monday. “We…
ECB’s Holzmann expects more rate hikes to fight dogged inflation
(Reuters) – Inflation in the euro zone is proving tougher to crack than expected and the European Central Bank will likely need to raise interest rates further, possibly above 4%, Austrian central…
ECB’s Villeroy: rate hike signals strong confidence in European banks
PARIS (Reuters) – The European Central Bank’s decision to raise interest rates by half a point on Thursday reflects the central bank’s priority of fighting inflation and also signals strong confidence in…
ECB’s Holzmann calls for four more 50 bps rate hikes- Handelsblatt
BERLIN (Reuters) – The European Central Bank should raise interest rates by 50 basis points at each of its next four meetings as inflation is proving to be stubborn, Austrian central bank…
ECB’s Lane backs more rate hikes even as inflation eases
DUBLIN (Reuters) – The European Central Bank is likely to increase its interest rates further in the coming months to fight high inflation in the euro zone even if there are some…
ECB’s Wunsch: Rate of 4% can’t be excluded if core inflation stays high
BRUSSELS (Reuters) – The European Central Bank could consider raising its key interest rate as high as 4% if underlying inflation in the euro zone remains persistently high, ECB Governing Council member…
ECB’s top three shareholders chart different paths for rates
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank’s top three shareholders charted different paths for interest rates on Wednesday, in a preview of the difficult debate awaiting…
Quick euro zone wage growth is just normal catch up, ECB’s Lagarde says
FRANKFURT (Reuters) – Euro zone wages are now catching up after rapid inflation eroded their purchasing power and there is no wage-price spiral underway, European Central Bank President Christine Lagarde told Finnish…
ECB’s Villeroy sees summer rate peak, no cut this year
PARIS (Reuters) -The European Central Bank interest rates are likely to reach their peak over the summer and a rate cut this year is out of the question, French ECB policymaker Francois…
ECB’s Makhlouf says long way to 2% target; credibility ‘at risk’
DUBLIN (Reuters) – The European Central Bank still has a way to go to sustainably return inflation to its 2% target and its credibility – and ultimately its independence – is at…
Euro zone inflation could fall faster than thought, ECB’s De Cos says
MADRID (Reuters) – Euro zone inflation could fall faster than earlier thought given a host of positive developments in recent months but past price hikes and a tight labour market could still…
ECB’s Knot sees big May rate hike if core inflation doesn’t fall: MNI
FRANKFURT (Reuters) – The European Central Bank may extend its streak of large interest hikes into May if core inflation doesn’t ease by then, ECB policymaker Klaas Knot said on Wednesday. The…
Euro zone inflation seen just above ECB’s target in 2025, poll shows
FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’s target, an ECB poll of economists forecast on Friday. The…
ECB’s Nagel, Makhlouf flag interest rate rises beyond March
By Padraic Halpin DUBLIN (Reuters) -European Central Bank policymakers Joachim Nagel and Gabriel Makhlouf said on Wednesday they would not be surprised if interest rate increases continue into the second quarter after…
ECB’s Holzmann expects at least two rate increases in H1 -newspaper
VIENNA (Reuters) – European Central Bank policymaker Robert Holzmann expects at least two interest-rate increases of 50 basis points each in the first half of this year, he said in an interview…
China reopening will add to global inflationary pressures, ECB’s Lagarde says
DAVOS (Reuters) – China’s reopening after debilitating pandemic restrictions is likely to add to global inflationary pressures as the world’s second-largest economy ramps up commodity consumption, European Central Bank (ECB) President Christine…
ECB’s Villeroy reaffirms determination to get inflation down to around 2% -Bloomberg TV
PARIS (Reuters) – European Central Bank (ECB) member Francois Villeroy de Galhau reaffirmed on Wednesday his determination to bring inflation in the euro zone down to around 2% by 2024 or 2025.…
ECB’s Villeroy sees rate hikes at a ‘pragmatic pace’ in coming months
PARIS (Reuters) – Interest rate hikes by the European Central Bank will need to come at a “pragmatic pace” in the coming months, French ECB policymaker Francois Villeroy de Galhau said on…
ECB’s Centeno: we are approaching the end of the interest rate rise process
LISBON (Reuters) – European Central Bank’s governing council member Mario Centeno said on Tuesday the current process of interest rate increases is approaching its end. The central banker, who was answering Portuguese…
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