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ECB should ease monetary policy if disinflationary trends intensify, Panetta says
ECB should ease monetary policy if disinflationary trends intensify, Panetta says

Reuters

time11-07-2025

  • Business
  • Reuters

ECB should ease monetary policy if disinflationary trends intensify, Panetta says

MILAN, July 11 (Reuters) - The European Central Bank should continue to loosen its monetary policy if threats to economic growth from international trade tensions and geopolitical instability strengthen the current disinflationary trends, a policymaker said on Friday. ECB governing council member Fabio Panetta told an annual meeting of Italy's banking association that the current outlook, which projects euro zone inflation at 1.4% in early 2026 with a return to 2% the following year, was highly uncertain. "The key issue now is whether the current level of interest rates is adequate to keep inflation close to target, avoiding persistent deviations in either direction," he said. "If downward risks to growth were to strengthen disinflationary trends, it will be appropriate to continue with the policy easing," he added.

German commercial property prices start year with gains
German commercial property prices start year with gains

Reuters

time12-05-2025

  • Business
  • Reuters

German commercial property prices start year with gains

FRANKFURT, May 12 (Reuters) - German commercial property prices rose 2.3% in the first quarter, the VDP banking association said on Monday, marking a second consecutive quarter of modest gains after years of declines. The increase was bigger than the 0.5% gain in the fourth quarter of last year, which was the first quarterly increase since the first half of 2022 as the country's real estate sector grappled with its worst crisis in decades. "The price trend at the start of the year is positive, but should not be overrated," said VDP Chief Executive Jens Tolckmitt.

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