Central Bank


ECB Tone Meter: Rehn Keeps His Distance From Council Hawks

ECB Tone Meter: Rehn Keeps His Distance From Council Hawks

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn struck a measured note on Thursday on prospects for further monetary policy tightening, remaining less hawkish than some of his peers — a pattern consistent with his positioning in Econostream’s ECB Tone Meter .

17 September 2026
ECB’s Rehn: Inflation Risks May Be Creeping Up, No Clear Broadening Yet

ECB’s Rehn: Inflation Risks May Be Creeping Up, No Clear Broadening Yet

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn said Thursday that euro area inflation remained driven primarily by energy prices, with no clear evidence so far of broader inflation pressures or second-round effects, although upside risks may be increasing.

17 September 2026
ECB’s Pereira: Inflation Not Broadening as in 2022, Watching Gas Price Spike

ECB’s Pereira: Inflation Not Broadening as in 2022, Watching Gas Price Spike

By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Álvaro Santos Pereira said on Wednesday that inflation was not broadening as quickly as in the previous inflationary episode, while highlighting the recent spike in natural gas prices as a development he was monitoring closely.

16 September 2026
ECB Insight: Uptick in Latest Wage Data No Game-Changer, but Warrants Continued Vigilance

ECB Insight: Uptick in Latest Wage Data No Game-Changer, but Warrants Continued Vigilance

By David Barwick – FRANKFURT (Econostream) – The European Central Bank's latest wage tracker offers little evidence of renewed excessive wage pressure, but its forward profile confirms that the long decline in negotiated wage growth may be coming to an end just as policymakers are watching for signs that the latest energy shock is feeding into domestic inflation.

16 September 2026
ECB Staff Committee Seeks Clarity on Lagarde, Schnabel Futures

ECB Staff Committee Seeks Clarity on Lagarde, Schnabel Futures

By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s Staff Committee has urged ECB President Christine Lagarde and the Executive Board to provide clarity about possible senior departures and safeguard the continuity of internal reforms, warning that prolonged leadership uncertainty could undermine trust in the institution’s communications and complicate succession planning.

15 September 2026
ECB’s Lagarde: Europe Must Build AI Capacity, Mobilize Savings at Home

ECB’s Lagarde: Europe Must Build AI Capacity, Mobilize Savings at Home

By David Barwick – FRANKFURT (Econostream) – Europe must develop its own artificial intelligence capacity to capture the technology’s economic gains without surrendering control over its data or becoming strategically dependent on foreign providers, European Central Bank President Christine Lagarde said Monday.

14 September 2026
ECB’s Schnabel: Debt Stabilization Requires Large Fiscal Adjustments

ECB’s Schnabel: Debt Stabilization Requires Large Fiscal Adjustments

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel said Monday that stabilizing public debt would require large fiscal adjustments as governments faced growing demands from defense, interest payments, aging and climate change alongside slowing potential growth.

14 September 2026
ECB’s Stournaras: Timely Tightening Can Reduce Risk of More Painful Hikes

ECB’s Stournaras: Timely Tightening Can Reduce Risk of More Painful Hikes

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member and Bank of Greece Governor Yannis Stournaras on Monday said monetary policy tightening became necessary when supply-driven inflation threatened to broaden and become entrenched, arguing that timely action could reduce the risk of more abrupt and painful rate increases later.

14 September 2026
ECB’s Kažimír: Time Needed to Assess Energy Shock Propagation

ECB’s Kažimír: Time Needed to Assess Energy Shock Propagation

By David Barwick – FRANKFURT (Econostream) – The European Central Bank needs time to determine whether the persistent energy shock is spreading to longer-term inflation expectations, wages and prices before deciding its next move, Governing Council member and Národná banka Slovenska Governor Peter Kažimír said Monday.

14 September 2026
ECB: Eurozone Governments Eye Year-End Deal on Three Top Jobs, Says FT

ECB: Eurozone Governments Eye Year-End Deal on Three Top Jobs, Says FT

By David Barwick – FRANKFURT (Econostream) – Eurozone governments aim to agree by the end of December on a “grand package” covering the European Central Bank presidency and two other Executive Board positions, the Financial Times reported Monday, citing people familiar with the matter.

14 September 2026
ECB's Kocher: Inflation Must Return to Target "Within About a Year"

ECB's Kocher: Inflation Must Return to Target "Within About a Year"

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
ECB’s Lagarde: Persistent Energy Shock Obliged Us to Hike Rates

ECB’s Lagarde: Persistent Energy Shock Obliged Us to Hike Rates

By David Barwick – FRANKFURT (Econostream) – The European Central Bank was obliged to raise interest rates because the energy shock was proving more persistent than initially expected and the euro area economy remained resilient, ECB President Christine Lagarde said Saturday.

12 September 2026