Latest news with #EuropeanCentralBankGoverningCouncil
Bloomberg
4 days ago
- Business
- Bloomberg
ECB's Villeroy Says More Rate Cuts Possible in Coming Weeks
European Central Bank Governing Council member Francois Villeroy de Galhau said more reductions in borrowing costs could be on the way, with little sign at present of upward pressure on consumer prices. President Donald Trump's tariffs will drive up inflation in the US but won't have such consequences for Europe, the French official said. 'We don't see inflation restarting in Europe,' he told online channel Backseat on Wednesday.
Bloomberg
08-05-2025
- Politics
- Bloomberg
ECB Officials Briefed on Military Threat Posed by Putin's Russia
The European Central Bank Governing Council was given an in-depth analysis of the risks posed by potential Russian military aggression in eastern Europe at the start of its last rate-setting meeting, according to people familiar with the discussion. Policymakers started their April 16-17 gathering in Frankfurt with a seminar presented by academics detailing scenarios on how such an attack on the Europe Union might plausibly materialize within four years, said the people, who declined to be identified because the session was private.
Bloomberg
03-05-2025
- Business
- Bloomberg
ECB's Makhlouf Says Price Risks Less Clear in Medium-Term Than Near
The eventual effect on euro-zone inflation of US tariffs and potential counter measures is harder to predict beyond the short term, according to European Central Bank Governing Council Member Gabriel Makhlouf. The tense global trade situation is boosting the euro, while weighing on business confidence and tightening financial conditions, the Irish official said Wednesday in a speech in Dublin.
Bloomberg
25-04-2025
- Business
- Bloomberg
ECB's Vujcic Says Current Tariffs Not Worst Scenario for Europe
European Central Bank Governing Council member Boris Vujcic said the current configuration of US tariffs isn't the most detrimental for euro-zone growth — striking a more upbeat tone on the outlook than some of his colleagues. Levies imposed by the US and China on each others' products are 'prohibitive,' while Europe is still able to trade with both countries, Vujcic said on the sidelines of the International Monetary Fund's spring meetings in Washington. Some of the recent developments on financial and commodity markets are also working in its favor, he said.
Bloomberg
25-04-2025
- Business
- Bloomberg
ECB's Holzmann Sees Disinflationary Impact From US Tariffs
European Central Bank Governing Council member Robert Holzmann said the fallout from the US tariff announcements will probably weigh on consumer prices in the euro zone rather than create a new bout of inflation. The hawkish Austrian policymaker also said the lack of clarity over the situation means the ECB's next interest-rate decisions are 'completely open.'
