Latest news with #EconostreamMedia
Wall Street Journal
5 days ago
- Business
- Wall Street Journal
ECB's Bar for Another Rate Cut Is High, Schnabel Says
The European Central Bank should refrain from lowering interest rates again after inflation in the 20-nation currency area hit the 2% target in June, rate setter Isabel Schnabel said Friday. 'Our interest rates are also in a good place, and the bar for another rate cut is very high,' Schnabel said in an interview with Econostream Media.
Bloomberg
11-06-2025
- Business
- Bloomberg
ECB's Kazaks Says Some Fine-Tuning Rate Cuts ‘Quite Likely'
European Central Bank Governing Council member Martins Kazaks said further interest-rate cuts may be needed, according to Econostream Media. 'We've done a lot in terms of rate cuts, and monetary policy will need to remain vigilant to ensure that inflation stays around 2%,' he was cited as saying in an interview conducted June 6. 'Will it require some further cuts for fine tuning? Quite likely.'
Bloomberg
27-05-2025
- Business
- Bloomberg
ECB's Patsalides Sees Bigger Cut Unwarranted Now: Econostream
European Central Bank Governing Council member Christodoulos Patsalides doesn't see a bigger interest-rate reduction as needed at the moment, according to Econostream Media. 'A 50 basis-point cut would only be justified if the risks of recession within the euro area were to intensify, leading to more pronounced cyclical disinflationary pressures,' the Cypriot central-bank chief was cited as saying in an interview published Tuesday. 'However, this is not a highly probable scenario.'
