Finance
ECB's Escriva sees interest rates stable
Published by Global Banking & Finance Review®
Posted on February 6, 2026
1 min readLast updated: February 6, 2026
Quick Summary
ECB's Jose Luis Escriva expects interest rates to remain stable, with inflation anchored around the 2% target, indicating steady policy ahead.
ECB's Escriva sees interest rates stable
Interest Rate Stability in the Euro Zone
MADRID, Feb 6 (Reuters) - ECB policymaker Jose Luis Escriva told Spanish radio station Cadena SER he expected interest rates to remain steady in the foreseeable future as inflation expectations were anchored around the institution's 2% inflation goal.
Impact of Inflation Expectations
The European Central Bank left interest rates on hold as expected on Thursday and played down the impact of dollar moves on its future choices, with a largely unchanged inflation outlook also suggesting steady policy for months to come.
Policymakers' Current Stance
The euro zone's central bank has been on hold since ending a year-long run of rate cuts in June, and surprisingly resilient growth has taken nearly all pressure off policymakers to provide any further support.
(Reporting by Jesús Aguado; Editing by Emma Pinedo)
Key Takeaways
- •ECB's Jose Luis Escriva expects stable interest rates.
- •Inflation expectations are anchored around 2%.
- •ECB left interest rates unchanged recently.
- •Euro Zone's growth reduces pressure for rate cuts.
- •Dollar moves have minimal impact on ECB policy.
Frequently Asked Questions about ECB's Escriva sees interest rates stable
1What is interest rate stability?
Interest rate stability refers to a situation where the central bank maintains consistent interest rates over a period, helping to create a predictable economic environment for consumers and businesses.
2What is the European Central Bank?
The European Central Bank (ECB) is the central bank for the eurozone, responsible for managing the euro and formulating monetary policy to maintain price stability across member countries.
3What are inflation expectations?
Inflation expectations are the rate at which people expect prices to rise in the future. These expectations can influence economic behavior, including spending and saving decisions.
4What is monetary policy?
Monetary policy is the process by which a central bank manages the supply of money and interest rates to achieve specific economic objectives, such as controlling inflation and stabilizing the currency.
5What is the eurozone?
The eurozone is a group of European Union countries that have adopted the euro as their official currency, facilitating easier trade and economic cooperation among member states.
