Latest news with #MNI
Bloomberg
21-05-2025
- Business
- Bloomberg
ECB Will Soon Reach Terminal Rate If Baseline Holds, Kazaks Says
European Central Bank Governing Council member Martins Kazaks said interest-rate cuts are nearing an end, assuming the base case for inflation stabilizing at 2% over the coming months comes to pass. 'If the current baseline holds, we will soon reach the terminal rate,' the Latvian official said Wednesday in a presentation for an MNI event. 'Nevertheless, it may be the case that, although most likely, the baseline probability is below 50%.'
Bloomberg
18-03-2025
- Business
- Bloomberg
ECB Retaining Full Freedom of Action Amid Uncertainty, Rehn Says
The European Central Bank is keeping its options open as geopolitical shifts weigh on the global economy, according to Governing Council member Olli Rehn. At an event organized by MNI, the Finnish central-bank chief said 'exceptional uncertainty' is slowing the recovery of the euro zone's 20-nation economy. Inflation, meanwhile, is 'stabilizing' at the 2% target.
Bloomberg
18-02-2025
- Business
- Bloomberg
ECB's Cipollone Says Rate Cuts Should Take QT Into Account
By and Jana Randow Save Interest-rate decisions by the European Central Bank shouldn't overlook the tightening effect on monetary policy from unwinding past asset purchases, according to Executive Board member Piero Cipollone. In comments at an event organized by MNI, the Italian official said that while policy rates remain the primary instrument to adjust the ECB's stance, the role of quantitative tightening in influencing financial and financing conditions – through the yield curve or bank lending — should also be considered.
