Latest news with #EuropeanCentralBankExecutiveBoard
Bloomberg
15-05-2025
- Business
- Bloomberg
ECB's Elderson Warns Against Scaling Back ESG Rules Too Much
European Central Bank Executive Board member Frank Elderson warned against excessively reducing the ESG reporting and regulatory burden on European companies. 'Reporting requirements in the European Union's sustainable-finance framework are not something 'nice to have,' but a solution to a problem: to improve the availability of reliable and comparable data,' Elderson said Thursday.
Bloomberg
29-04-2025
- Business
- Bloomberg
ECB's Cipollone Sees Tariffs Likely Disinflationary Short Term
European Central Bank Executive Board member Piero Cipollone said US trade levies could weigh on euro-zone inflation in the near term as they drag down economic expansion around the world. 'The short to medium-term effects may even prove disinflationary for the euro area, where real rates have increased and the euro has appreciated following US tariff announcements,' Cipollone told a conference Tuesday in Frankfurt.
Yahoo
12-02-2025
- Business
- Yahoo
ECB's Elderson Says Data More Important Than Neutral for Policy
(Bloomberg) -- European Central Bank Executive Board member Frank Elderson said that incoming economic data is more important for setting monetary policy than the neutral rate of interest. Saudi Arabia's Neom Signs $5 Billion Deal for AI Data Center Nice Airport, If You Can Get to It: No Subway, No Highway, No Bridge The Forgotten French Architect Who Rebuilt Marseille Sin puente y sin metro: el nuevo aeropuerto de Lima es una debacle In New Orleans, an Aging Dome Tries to Stay Super Echoing other ECB officials who also say neutral — a theoretical level than neither stimulates nor restricts economic activity — is of limited use, Elderson said it's 'not such a good guide to short-term policy decisions.' 'It is an important concept to understand the likely long run average interest rate,' he told an event Wednesday organized by MNI. But amid elevated global volatility, 'our time I think is actually best spent understanding how these shocks will affect inflation as opposed to where precisely the natural rate is located.' Elderson also said: 'We are delivering on our price-stability objective. We see a convergence to our target as we want to see it' 'We still subscribe to the view that the conditions for a strengthening of activity remain in place for 2025' 'Over the medium term, a tighter US monetary policy tends to be disinflationary also for the euro area' Why Fast Food Could Be MAHA's Next Target Trump's Tariffs Make Currency Trading Cool Again After Years of Decline The Game Changer: How Ely Callaway Remade Golf Trump Promised to Run the Economy Hotter. His Shock and Awe May Have a Chilling Effect Orange Juice Makers Are Desperate for a Comeback ©2025 Bloomberg L.P. Sign in to access your portfolio
