-
Kazaks Says ECB Can Watch Economy With Rates in Good Place
The European Central Bank has entered a new monetary-policy phase where officials can focus on monitoring the economy rather than actively intervening to change its course, according to Governing Council member Martins Kazaks. With inflation at the 2% target and recent data not signaling a marked shift in the outlook since June’s quarterly projections, there’s currently no need to cut interest rates further, Kazaks said in an interview in Jackson Hole, Wyoming, where he’s attending the Federal Reserve’s annual symposium. Following eight reductions that took the deposit rate to 2%, policymakers held fire on ... (full story)
- Comments / Top
- Subscribe
Trader#A306
Aug 25, 2025 3:10am
Permalink
-
Related Stories
Federal Reserve chair Jerome Powell signaled Friday that he could cut interest rates soon, which comes after months of pressure from the Trump administration. Allianz chief economic adviser Mohamed El-Erian tells "Face the Nation with Margaret Brennan" that many economists think Powell should cut rates earlier as well, saying that he believes that Powell ...
In our modern day and age of economics, the health of the economy is usually measured by consumption. How much is being spent. So, governments and large companies look at measures such as gross domestic product (GDP) as the single most important metric to track. GDP is a measure of how much money is spent – that’s all. It doesn’t track who is spending, or ...
ECB President Lagarde: central-bank independence is critically important
