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ECB Insight: Vozpópuli’s de Cos Report Looks More Like Positioning Than Decision

ECB Insight: Vozpópuli’s de Cos Report Looks More Like Positioning Than Decision

By David Barwick and Marta Vilar – FRANKFURT (Econostream) – Wednesday’s report from Spanish news outlet Vozpópuli on former European Central Bank Governing Council member Pablo Hernández de Cos is more convincing than the outlet’s attempt a month ago to portray the ECB as already opening the door to him. Even so, the new piece still looks less like confirmation of a Spanish decision than an effort to shape the conversation around one.

26 February 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 5 March 2026

Meeting Bias

ECB Governing Council Meeting