By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member and Austrian National Bank Governor Martin Kocher said the current energy shock could result in temporarily higher inflation, but that the overshoot must be brief and inflation should return to target "within about a year."
13 September 2026
– The European Central Bank was obliged to raise interest rates because the energy shock was proving more persistent than initially...
– Keeping inflation at 2% over time ensures that external shocks pass rather than become embedded in persistently higher inflation...
– European Central Bank Governing Council member Gabriel Makhlouf said Friday that he supported Thursday’s 25bp rate...
– European Central Bank Governing Council member Gediminas Šimkus declined Friday to predict further interest rate moves...
As of 11 September 2026
