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ECB’s Kazāks: Policy Direction Clear, But No Immediate Need to Rush

ECB’s Kazāks: Policy Direction Clear, But No Immediate Need to Rush

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said Thursday that inflation pressures were likely to remain dominant in the near term and that the direction of monetary policy was therefore clear, while adding that policymakers were not under immediate pressure to raise rates again.

15 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 15 October 2026

ECB Tone Meter

Meeting Bias

ECB Governing Council Meeting