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ECB Insight: Lagarde Resists Roadmap, But Keeps Another Hike in Play

ECB Insight: Lagarde Resists Roadmap, But Keeps Another Hike in Play

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday did what she had to do – and as we expected yesterday – after the Governing Council’s unsurprising 25bp rate hike, refusing adamantly to provide a post-June roadmap.

11 June 2026

ECB Tone Meter

Entire Governing Council

27 Members
Very Dovish
Very Hawkish

Executive Board

6 Members
Very Dovish
Very Hawkish

Evolution

Governing Council vs. Executive Board

As of 9 June 2026

Meeting Bias

ECB Governing Council Meeting