Central Bank


ECB Insight: Kukies Has Advocates, but Germany’s Executive Board Choice May Depend on Wider Package

ECB Insight: Kukies Has Advocates, but Germany’s Executive Board Choice May Depend on Wider Package

By David Barwick – FRANKFURT (Econostream) – Notwithstanding our view last April that former German finance minister Jörg Kukies’ move to Morgan Stanley made him an unlikely successor to European Central Bank Executive Board member Isabel Schnabel, conversations on the margins of last week’s IMF and World Bank annual meetings suggest that some people continue to consider him an ideal choice.

20 October 2026
ECB Insight: Spanish Plan B Emerges for De Cos If He Loses ECB Race

ECB Insight: Spanish Plan B Emerges for De Cos If He Loses ECB Race

By David Barwick and Marta Vilar – FRANKFURT (Econostream) – Pablo Hernández de Cos may have a fallback awaiting him in Madrid should he fail to become the next European Central Bank president, with the possibility gaining traction in Spain that the former Bank of Spain governor could become the economic heavyweight in a government led by Partido Popular leader Alberto Núñez Feijóo.

20 October 2026
ECB’s Elderson: Climate Shocks Increasingly Affect Growth, Inflation

ECB’s Elderson: Climate Shocks Increasingly Affect Growth, Inflation

By David Barwick – FRANKFURT (Econostream) – Climate-related shocks are increasingly affecting both economic activity and inflation and are becoming structural drivers of economic and financial outcomes, European Central Bank Executive Board member Frank Elderson said Monday.

19 October 2026
Knot: Sovereign Debt Risks Require Some Loss of National Sovereignty to Prevent Fragmentation

Knot: Sovereign Debt Risks Require Some Loss of National Sovereignty to Prevent Fragmentation

By Marta Vilar – BANGKOK (Econostream) – Former European Central Bank Governing Council member Klaas Knot said on Friday that said that Eurozone countries must accept a certain loss of national sovereignty to ensure the functioning of the monetary union, arguing that the lesson of Mario Draghi’s landmark 2012 intervention remains as relevant today as it was then.

16 October 2026
Exclusive: ECB’s Wunsch: Rise in Long-Term Yields Doesn’t Mean ECB Is Done Hiking

Exclusive: ECB’s Wunsch: Rise in Long-Term Yields Doesn’t Mean ECB Is Done Hiking

By Marta Vilar – BANGKOK (Econostream) - The recent increase in long-term bond yields does not mean the European Central Bank has finished raising interest rates, according to Pierre Wunsch, member of the ECB Governing Council, who argued that further tightening would be “reasonable” given persistent inflation pressures and the resilience of the Eurozone economy.

16 October 2026
ECB’s Rehn: December Data Set Favors “Measured” Approach, No Second-Round Effects Yet

ECB’s Rehn: December Data Set Favors “Measured” Approach, No Second-Round Effects Yet

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Olli Rehn said Friday that the additional information available at the ECB’s December meeting argued for a “measured” approach to monetary policy, with the latest energy shock so far showing no significant signs of spreading more broadly through inflation.

16 October 2026
ECB’s Nagel: Another Rate Hike May Be Needed if Current Conditions Persist

ECB’s Nagel: Another Rate Hike May Be Needed if Current Conditions Persist

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Joachim Nagel said Friday that another interest rate increase might be needed if the current inflation environment persisted, while stressing that policy should continue to be decided meeting by meeting.

16 October 2026
ECB’s Kazāks: Policy Direction Clear, But No Immediate Need to Rush

ECB’s Kazāks: Policy Direction Clear, But No Immediate Need to Rush

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks said Thursday that inflation pressures were likely to remain dominant in the near term and that the direction of monetary policy was therefore clear, while adding that policymakers were not under immediate pressure to raise rates again.

15 October 2026
ECB’s Dolenc: Current Rate Level Gives Council “Appropriate Flexibility”

ECB’s Dolenc: Current Rate Level Gives Council “Appropriate Flexibility”

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Primož Dolenc said Thursday that the current level of ECB interest rates gave policymakers sufficient flexibility to respond to developments, with future decisions continuing to depend on the inflation outlook, risks and the effects of monetary policy.

15 October 2026
ECB’s Pereira: We May Need to Act More Decisively if Inflation Broadens

ECB’s Pereira: We May Need to Act More Decisively if Inflation Broadens

By Marta Vilar – BANGKOK (Econostream) – European Central Bank Governing Council member Álvaro Santos Pereira said on Thursday that inflation in the Eurozone remained largely driven by energy prices, but warned that central banks could be forced to act more decisively if price pressures began spreading more broadly across the economy.

15 October 2026
ECB’s Šimkus: Wider Sovereign Spreads Do Not Necessarily Signal Fragmentation

ECB’s Šimkus: Wider Sovereign Spreads Do Not Necessarily Signal Fragmentation

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said Thursday that higher sovereign yields and wider spreads in the euro area largely reflected differences in countries’ fiscal positions and credit risks and did not necessarily amount to market fragmentation.

15 October 2026