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ECB Account: Higher Long-Term Rates Could Affect Appropriate Policy Rates

ECB Account: Higher Long-Term Rates Could Affect Appropriate Policy Rates

By David Barwick – FRANKFURT (Econostream) – European Central Bank policymakers said at their September meeting that higher long-term interest rates could materially restrain growth and inflation and might have implications for the appropriate level of policy rates, according to the account of the meeting published Thursday.

8 October 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 7 October 2026

Meeting Bias

ECB Governing Council Meeting