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ECB Insight: One-and-Watch, With No Post-June Roadmap

ECB Insight: One-and-Watch, With No Post-June Roadmap

By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s main decision on June 11 stopped being the source of much suspense some time ago, with a 25bp rate hike the only reasonably probable outcome and the Governing Council likely to be unanimous, given the lack of any obvious dissenter.

10 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