By Marta Vilar – MADRID (Econostream) - Economists broadly expect this week's European Central Bank rate increase to mark the end of the current hiking cycle, with 2.50% remaining the dominant deposit rate forecast through the end of 2027, according to the latest Econostream ECB Survey.
8 September 2026
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter rose significantly this week at the Governing Council level while the Executive Board reading was little changed, as more national central bank governors made explicit calls for a rate move at next week’s meeting.
4 September 2026
By Marta Vilar – MADRID (Econostream) – Following is a collection of views expressed by ECB Governing Council members on various topics closely related to next week’s rate-setting meeting and the further evolution of monetary policy.
4 September 2026
By David Barwick – FRANKFURT (Econostream) – A possible early departure of European Central Bank Executive Board member Isabel Schnabel for the International Monetary Fund looks entirely plausible despite her previous declaration that she intended to serve out her term. It would constitute a significant loss for the hawkish wing of the Governing Council.
4 September 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel is in talks with the International Monetary Fund about taking over its Monetary and Capital Markets Department, German financial daily Handelsblatt reported Thursday.
3 September 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel appears understandably intent on broadening his appeal in France as the contest to succeed ECB President Christine Lagarde heats up, with a strategic interview in French daily Le Monde providing the latest evidence.
2 September 2026
By David Barwick – FRANKFURT (Econostream) – A European Central Bank interest rate hike next week is clearly justified by inflation around 3% and the assumptions underlying the ECB’s June projections, though the policy path beyond September remains uncertain, ECB Governing Council member Joachim Nagel said on Wednesday.
2 September 2026
By David Barwick – FRANKFURT (Econostream) – The European Central Bank must be prepared to raise interest rates further, including into restrictive territory, if inflation risks shift significantly upward, ECB Governing Council member Gabriel Makhlouf told the Financial Times in an interview published Wednesday.
2 September 2026
By Laura Contemori – ROME (Econostream) – The Bank of Italy's €-coin indicator, a measure of underlying euro area economic growth, rose to 0.84 in August from 0.54 in July, according to a joint release by the Bank of Italy and the Centre for Economic Policy Research (CEPR) published on Wednesday.
2 September 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank communication can directly influence household inflation expectations and thus forms part of monetary policy transmission, but credibility ultimately depends on the central bank delivering on its mandate, ECB Vice-President Boris Vujčić said Tuesday.
1 September 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Tuesday that the monetary policy decision the ECB is expected to take on September 10 was “relatively predictable.”
1 September 2026
By David Barwick – VILNIUS (Econostream) - Following is the full transcript of the interview conducted by Econostream on 31 August 2026 with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
1 September 2026
By David Barwick – VILNIUS (Econostream) – An interest rate hike next week by the European Central Bank is clearly warranted and will probably have to be followed by further tightening, given the strengthening of inflation pressures in the region and the unexpected resilience of the euro area economy, according to ECB Governing Council member Gediminas Šimkus.
1 September 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martin Kocher said Tuesday that a further interest rate increase would be needed soon if the ECB's new projections confirm that upside risks to inflation have increased.
1 September 2026
By David Barwick – FRANKFURT (Econostream) – A further European Central Bank interest rate increase will be needed soon if updated projections confirm the inflation outlook suggested by recent data, ECB Governing Council member Martin Kocher said Tuesday.
1 September 2026
By David Barwick – FRANKFURT (Econostream) – Choosing Bank for International Settlements General Manager Pablo Hernández de Cos as the next European Central Bank president could carry an underappreciated cost for Europe: BIS leadership could pass to another region.
1 September 2026
By David Barwick – FRANKFURT (Econostream) – Market pricing for an interest rate increase at next week’s European Central Bank meeting is “understandable,” ECB Governing Council member Olli Rehn said Tuesday, warning that policymakers must remain alert to inflation pressures from a potentially prolonged Middle East conflict.
1 September 2026
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter rose significantly this week across both its Governing Council and Executive Board measures, as the few policymakers who spoke in recent days all signaled that a rate hike could be on the table.
28 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel said central banks should put reserves directly onto programmable distributed ledgers, arguing that doing so would allow them to modernize monetary policy implementation, collateral management and liquidity provision as finance becomes increasingly tokenized.
28 August 2026
By David Barwick – FRANKFURT (Econostream) – The arguments favor another European Central Bank interest rate hike in September to safeguard the inflation target, Governing Council member Primož Dolenc said Friday, pointing to incoming data showing that inflation was persisting.
28 August 2026