News list for " the Governing Council"
On January 22nd, the European Central Bank Governing Council Knott said that the obstacles to another interest rate cut next week are very small. The data is encouraging and confirms that we will return to our target. (Golden Ten)
European Central Bank Governing Council Member Knott said there are few obstacles to another interest rate cut next week. The data is encouraging and confirms that we will be back on target and hope to see the economy recover before making further judgments. (Golden Ten)
Mr. Nagel, the European Central Bank's governing body, said on Wednesday that the central bank could cut interest rates again next week but that easing should be gradual and cautious. "Given that the process of falling inflation has largely proceeded as currently expected, at this stage I would not object if we continued to lower the policy rate," Mr. Nagel said on Wednesday. "But I will reserve my final judgment and will make my decision after reviewing the new macroeconomic forecasts for Decem...
European Central Bank Governing Council member Nagel said that service inflation in the euro area remains high; the European Central Bank should remain cautious and not rush to achieve results on interest rates; in the fight against inflation, the European Central Bank still needs to make efforts.
The ECB is likely to continue cutting interest rates until at least the first half of 2025, bringing them down to 2% -3%, Klaas Knot, the ECB's governing council and Dutch central bank president, said on Tuesday. "I expect that we will continue to gradually reduce interest rates for some time to come, as well as in the first half of 2025," Knot said. "I don't expect interest rates to return to the very low levels they were before the COVID-19 pandemic. They may end up at a more natural level," h...
The European Central Bank's governing committee, Knott, said that he was more or less satisfied with the market's expectations for interest rate cuts. (Golden Ten)
Mr. Nagel, the ECB's governing council member, said he was well on his way to meeting his inflation target, which is expected to reach 2 per cent by the end of next year.
The European Central Bank's governing council, Kazax, said that it is very open to discussing a September interest rate cut; a gradual interest rate cut would be the best option; even if inflation is sideways, there is a possibility of interest rate cuts; we are very clearly on the road to lower interest rates.
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