Top Stories

ECB’s Patsalides: Outlook ‘Extremely Unpredictable,’ Everything Could Change by December

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Christodoulos Patsalides said Monday that the economic landscape had become “extremely unpredictable” and that everything could change by December, while stressing the limits of monetary policy in dealing with inflation caused by external shocks.

12 October 2026

ECB Insight: German Plans for Schnabel’s Board Seat May Make a President Knot Likelier

– Germany’s stated intention to seek another German for the European Central Bank Executive Board seat being vacated...

ECB’s Stournaras: Inflation Well Above Target, Suggests Gradual Rate Hikes

– European Central Bank Governing Council member Yannis Stournaras said euro area inflation was well above the ECB’s...

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

– European Central Bank policymakers said at their September meeting that higher long-term interest rates could materially...

ECB’s Lane: No Noticeable Wage Pickup So Far

– European Central Bank Executive Board member and chief economist Philip Lane said Thursday that euro area wage growth had...

Central Bank

October 12

ECB’s Patsalides: Outlook ‘Extremely Unpredictable,’ Everything Could Change by December

ECB Insight: German Plans for Schnabel’s Board Seat May Make a President Knot Likelier

October 11

ECB’s Stournaras: Inflation Well Above Target, Suggests Gradual Rate Hikes

October 8

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

See more Central Bank

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

ECB Tone Meter Weekly Update: Hawkish Bias Resurfaces, But No Rush to Hike as Higher Bond Yields Complicate the Picture

ECB Tone Meter

Exclusive News Reporting and Insights on Central Banks and Debt Issuers

Top Stories

ECB’s Patsalides: Outlook ‘Extremely Unpredictable,’ Everything Could Change by December

ECB Insight: German Plans for Schnabel’s Board Seat May Make a President Knot Likelier

ECB’s Stournaras: Inflation Well Above Target, Suggests Gradual Rate Hikes

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

ECB’s Lane: No Noticeable Wage Pickup So Far

Exclusives

Transcript: Interview with ECB Governing Council member Demarco on 28 September 2026

Exclusive: ECB’s Demarco: Above-Expected Underlying Inflation “Could Be Grounds to Act”

Transcript: Interview with ECB Governing Council member Mārtiņš Kazāks finalized on 17 September 2026

Exclusive: ECB’s Kazāks: “If Our Baseline Materializes, Moving into Restrictive Territory Will Be Necessary”

Central Bank

October 12

ECB’s Patsalides: Outlook ‘Extremely Unpredictable,’ Everything Could Change by December

ECB Insight: German Plans for Schnabel’s Board Seat May Make a President Knot Likelier

October 11

ECB’s Stournaras: Inflation Well Above Target, Suggests Gradual Rate Hikes

October 8

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

ECB Tone Meter

Entire Governing Council

Executive Board

Evolution

ECB Tone Meter Weekly Update: Hawkish Bias Resurfaces, But No Rush to Hike as Higher Bond Yields Complicate the Picture

Meeting Bias

ECB Governing Council Meeting

Insights

ECB Insight: German Plans for Schnabel’s Board Seat May Make a President Knot Likelier

ECB Insight: As Energy Prices Turn More Hawkish, Lane Refuses to

ECB Insight: Will the ECB’s Next Rate Move Even Be a Hike?

ECB Tone Meter Weekly Update: Hawkish Bias Resurfaces, But No Rush to Hike as Higher Bond Yields Complicate the Picture