By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter showed the Governing Council turning marginally dovish this week, while the Executive Board was little changed and remained mildly hawkish.
6 February 2026
– European Central Bank Governing Council member José Luis Escrivá said on Friday that the ECB needed to remain...
– European Central Bank Governing Council member Gabriel Makhlouf on Friday said that policymakers should avoid pre-committing...
– European Central Bank Governing Council member Yannis Stournaras on Friday said the ECB is watching the exchange rate but...
– European Central Bank Governing Council member Madis Müller on Friday said that interest rates are at an “appropriate...
By Marta Vilar – MADRID (Econostream) – Following is the full transcript of the interview conducted by Econostream on 3 February 2026 with Karol Czarnecki, Director of the Public Debt Department at the Polish Ministry of Finance:
4 February 2026
By Marta Vilar – MADRID (Econostream) – Poland could issue a USD benchmark bond in the first half of 2026, while returning to the euro market is also a possibility for the second part of the year, according to Karol Czarnecki, Director of the Public Debt Department at the Polish Ministry of Finance.
4 February 2026
By David Barwick – VILNIUS (Econostream) – Following is the transcript of a brief chat on Wednesday, 28 January 2026 with European Central Bank Governing Council member Gediminas Šimkus, chairman of the Bank of Lithuania:
28 January 2026
By David Barwick – VILNIUS (Econostream) – European Central Bank Governing Council member Gediminas Šimkus on Wednesday rejected calls to react too quickly to the strengthening of the euro versus the dollar.
28 January 2026
By David Barwick – FRANKFURT (Econostream) – An interesting thing about European Central Bank President Christine Lagarde’s press conference on Thursday was her increasingly obvious discomfort with her own creation. The “good place” mantra is being eased out of the ECB’s active vocabulary—not by contradiction, which would require quite some explaining, but by an unmistakable, ongoing distancing.
6 February 2026
By David Barwick – FRANKFURT (Econostream) – With the rate decision a foregone conclusion, Thursday’s European Central Bank press conference was mostly a test of whether President Christine Lagarde would let a turbulent couple of weeks pull the ECB’s messaging off its well-worn neutral track. She did not.
5 February 2026
By David Barwick – FRANKFURT (Econostream) – With rates to remain unchanged, Thursday’s press conference is mainly a test of message discipline. Recent news has been the kind that some observers treat as inviting reactive messaging, but for months the European Central Bank has kept its tone firmly neutral, and that is the posture we expect again this week.
3 February 2026
By David Barwick – FRANKFURT (Econostream) – A rapid euro climb toward the psychologically loaded $1.20 area has reopened a recurring question: when does an exchange rate move become a monetary policy problem?
29 January 2026
As of 6 February 2026
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter showed the Governing Council turning marginally dovish this week, while the Executive Board was little changed and remained mildly hawkish.
6 February 2026