The Bank for International Settlements (BIS) announced on Monday the appointment of former European Central Bank official Pablo Hernandez de Cos as its next general manager.
De Cos, currently head of the Bank of Spain, will begin his five-year term on July 1, 2025, succeeding Agustin...
European Central Bank (ECB) Governing Council member Pablo Hernandez de Cos stated on Wednesday the European Central Bank (ECB) is confident that eurozone inflation can fall to its 2% target by the middle of 2025.
"Energy base effects, the unwinding of crisis-related fiscal measures, and the...
Member of the European Central Bank (ECB) Governing Council and Bank of Spain Governor Pablo Hernandez de Cos disclosed on Wednesday that he anticipates easing of the bank's monetary policy to begin in June.The policymaker underlined during his speech at an event in Barcelona that recent...
Member of the European Central Bank (ECB) Governing Council and Bank of Spain Governor Pablo Hernandez de Cos said on Tuesday that geopolitical tensions could have a negative impact on inflation and push it up, stressing that it is a risk that cannot be ruled out.
However, De Cos emphasized...
European Central Bank (ECB) Governing Council member Pablo Hernandez de Cos indicated on Sunday that an interest rate cut "could probably happen in June."
Speaking to El Periodico, de Cos, also the governor of the Bank of Spain, referenced recent achievements in inflation control, suggesting that...
Member of the European Central Bank (ECB) Governing Council and Bank of Spain Governor Pablo Hernandez de Cos said on Thursday that the inflation in the European Union will continue to fall through 2024, and will stand around the 2% target level in 2025 and 2026.
"We believe that inflation will...
European Central Bank (ECB) Governing Council member Pablo Hernandez de Cos said on Tuesday that the bank is "confident" inflation is coming back to target. The ECB is scheduled to publish its new inflation and growth projections in March, and its latest consumer survey showed inflation...
Member of the European Central Bank (ECB) Governing Council and Bank of Spain Governor Pablo Hernandez de Cos repeated on Tuesday that potential interest rate cuts will depend on the incoming data.
"The question of how long it will be necessary to keep interest rates at the current level,...
Member of the European Central Bank (ECB) Governing Council and Bank of Spain Governor Pablo Hernandez de Cos stressed on Wednesday that inflation risks are currently more moderate because the market has reacted favorably to the ECB's decisions to raise interest rates in order to halt the...
Member of the European Central Bank (ECB) Governing Council and Bank of Spain Governor Pablo Hernandez de Cos (pictured) told Boersen-Zeitung on Friday that it is too early for the former institution to start discussing cutting interest rates.
De Cos noted that such a move cannot be "ruled out" but...
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