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ECB’s Lagarde: Significant Changes Needed to Shift Expected Policy Course

ECB’s Lagarde: Significant Changes Needed to Shift Expected Policy Course

By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said in an interview published Saturday that it would take significant changes to alter the policy course she expected. She left open whether the ECB would raise rates in December and warned that prolonged high inflation would increase the risk to its medium-term target.

7 November 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 6 November 2026

Meeting Bias

ECB Governing Council Meeting