News list for " Governing Council"
ECB Governing Council member Eskriva said he sees no reason to adjust interest rates and expects monetary policy to remain stable for the foreseeable future. The ECB left its policy rate unchanged on Thursday and raised some of its growth and inflation forecasts, a move that could close the door for further rate cuts in the near future. In an interview, Eskriva was asked about the next possible rate move, saying: "We don't know, but we are open to any change in either direction if necessary, but...
European Central Bank Governing Council Villeroy: The downside risks to inflation outweigh the upside risks.
European Central Bank Governing Council Villeroy: The next step is more likely to cut interest rates than to raise interest rates.
Instead of saying whether he was a hawk or a dove, Mr. Sleepen, the ECB's governing board member, said "price stability is my job". "The ECB has a very clear mandate, which is to stabilise prices," he said. "That is the most important thing for me and I am committed to monetary policy consistent with that." Mr. Sleepen did not commit when asked whether the ECB's deposit rate would remain at 2 per cent for now, as investors and most economists expect. (Kim 10)
Jean-Claude Villeroy, the governor of the Bank of France and the governing body of the European Central Bank, joined global policymakers in warning of the White House's attack on the US Federal Reserve. "We Europeans must defend the independence of our central banks against the serious backsliding of the Trump administration," he said in Vienna. "Independence is not an obstacle to achieving reasonably low interest rates. On the contrary, it is a prerequisite for achieving reasonably low interest...
Rehn, the governing council of the European Central Bank, said that since inflation has reached 2%, there is no need for a "precautionary rate cut". (Golden Ten)
European Central Bank Governing Council Holtzmann: There is reason to cut interest rates again. (Golden Ten)
Holtzmann, the governing council of the European Central Bank, said there is no reason for further interest rate cuts at present.
European Central Bank Governing Council member Rehn said that Europe should focus on defense investment because it will reduce costs, speed up the process and create a new safe financial asset, thus strengthening the international status of the euro. European Central Bank President Christine Lagarde has said that the unstable economic policies of the United States have created space for the euro to seize market share from the dollar on the global stage, but this requires the euro zone to resume ...
European Central Bank Governing Council Mueller: Interest rates can be kept unchanged in July. There is no need to cut interest rates to stimulate the economy at present.
