The OeNB’s Martin Kocher on the Eurosystem’s inflation outlook
The Austrian governor speaks about ECB succession, forward guidance and eurobonds, and access to cash and the digital euro
Last week, the European Central Bank’s governing council met and decided to raise interest rates by 25 basis points. What was the atmosphere like around the table?
We had an extensive discussion on the economic outlook, the new projections prepared by Eurosystem staff, and the risks associated with the outlook for economic growth and inflation. As president [Christine] Lagarde said, there was, as always, a discussion on optimal monetary policy. Given that the hike was robust across all three
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Monetary Policy
BoJ raises rates to 31-year high
Ueda says ‘policy phase has changed’ and focus now is on ensuring inflation does not exceed 2%
Czech Republic extends pause while Moldova raises rates
CNB leaves door open to rate rise while Moldova presses on with third hike since May
BoE holds rates and reveals talks to sell gilts to Treasury
Economists voice concerns over blurred fiscal and monetary policies
Federal Reserve delivers first rate hike since 2023
FOMC expects policy to remain around 4.1% for 2026–27 and inflation to reach 2% by 2029
Geopolitical tensions raising rate hike expectations – BIS
Quarterly review highlights new communication challenges for central banks
Middle East conflict will prolong inflation shock, Lagarde says
ECB chief warns AI is also driving long-term funding costs for governments
Naji Issa on Libya’s reform efforts and why he threatened to quit
The CBL governor speaks about the need for national unity, fiscal responsibility, digital transformation and FX reforms
The Fed enters a new epoch
Chair Kevin Warsh takes his first steps to transform the US central bank