By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane’s remarks to the European Parliament on Tuesday were broadly consistent with ECB President Christine Lagarde’s statement the day before, but not identical in emphasis.
23 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday said the ECB’s June rate increase was appropriate and robust, citing the energy shock’s pass-through to broader inflation and persistent upside risks.
23 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Tuesday said Greece must maintain fiscal discipline, protect its banking system and raise productivity through investment and reforms to preserve the gains made since its debt crisis.
23 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday rejected comparisons between the current environment and the stagflation of the 1970s, saying the ECB would act to prevent inflation from becoming embedded.
22 June 2026
By David Barwick – FRANKFURT (Econostream) – Next to her June 11 press conference, European Central Bank President Christine Lagarde’s statement on Monday at the European Parliament didn’t let through much daylight. But it let through some.
22 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Monday that current conditions were probably somewhere between the ECB’s baseline and milder scenarios, reflecting a decline in uncertainty since the June projections.
22 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Monday said the ECB’s June rate hike was warranted under all staff scenarios, while indicating that the current shock did not yet justify a forceful policy response.
22 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Monday that oil prices should gradually move towards levels consistent with milder scenarios over the coming months if the recent US-Iran agreement holds.
22 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Fabio Panetta on Monday said Europe had to complete the institutional architecture of the euro in order to strengthen monetary and political sovereignty in a more fragmented world.
22 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Emmanuel Moulin said on Monday that the ECB had made clear it was neither starting a rate hike cycle nor signalling further increases in coming meetings, stressing that future decisions would continue to be taken meeting by meeting.
22 June 2026
By Marta Vilar – MADRID (Econostream) – Econostream's ECB Tone Meter registered a noticeable drop for the Governing Council and a smaller decline for the Executive Board this week, as policymakers continued to stress upside inflation risks while refraining from signaling further rate increases as clearly as they had prior to the June meeting.
19 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Friday that it would have been difficult to justify leaving interest rates unchanged at the ECB's June meeting, given the deterioration in the inflation outlook.
19 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch has offered a surprisingly strong account of why the European Central Bank might not have needed to raise rates last week, coupled with a weaker defense of why it nonetheless did.
19 June 2026
By David Barwick – FRANKFURT (Econostream) – The European Central Bank will send banks a “dear CEO letter” urging them to prepare proactively for increasingly powerful cyberattacks enabled by frontier artificial intelligence models, ECB Executive Board member Frank Elderson said Friday.
19 June 2026
By Laura Contemori – ROME (Econostream) – European Central Bank Executive Board member Piero Cipollone said Friday that Europe urgently needed to reduce its dependence on foreign payment providers to safeguard its monetary sovereignty.
19 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch would support another 25bp rate hike if inflation data continued to disappoint, but saw no need to move quickly if the evidence remained ambiguous.
19 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Thursday that policymakers should remain cautious about the implications of the recent US-Iran agreement, noting the need for the ECB to remain "particularly agile" in responding to evolving inflation risks.
18 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Thursday that the ECB's 25bp rate increase this month was a "delta response" to a higher inflation outlook, adding that estimates of the neutral rate were less relevant for current policy decisions than the change in the inflation outlook.
18 June 2026
By David Barwick – FRANKFURT (Econostream) – The most important statement at last week’s European Central Bank press conference was President Christine Lagarde’s repeated assertion that the decision to raise interest rates by 25bp was “robust across all scenarios,” a justification that went considerably further than merely invoking the ECB’s baseline forecast.
18 June 2026
By David Barwick – VIENNA (Econostream) – De Nederlandsche Bank Executive Board member Bas ter Weel on Thursday said last week’s 25bp rate hike by the European Central Bank reflected increased upside risks to medium-term inflation and evidence that the latest energy shock was becoming more persistent and broad-based.
18 June 2026