By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said Monday that last week’s 25bp rate increase had been warranted by a worsening inflation outlook and that the ECB would keep its options open at its July meeting.
15 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír on Friday said the ECB’s work on inflation was not finished and declined to rule out taking monetary policy into restrictive territory.
12 June 2026
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter turned slightly less hawkish for the Governing Council this week, while the Executive Board remained broadly unchanged, following Thursday’s 25bp rate hike.
12 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olaf Sleijpen said on Friday that the ECB’s 25bp interest rate hike yesterday would help return inflation to its 2% medium-term target, while stressing that policymakers would continue to monitor developments and adjust policy if necessary.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras said Friday that this week’s rate hike had been unavoidable given the ECB’s new inflation forecasts, but that the Governing Council had made no commitment to act again in July or September.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – The first wave of comments after Thursday’s European Central Bank rate hike reinforced the case for another move later this year, but still fell clearly short of making action in July the base case.
12 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Emmanuel Moulin said on Friday that higher energy prices were already feeding through to other goods and services despite the continued lack of evidence of knock-on effects on wages.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn said Friday that the ECB’s June rate hike was aimed at keeping inflation expectations anchored and preventing price pressures from spreading from energy to other prices and wages.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said Friday that the ECB needed to get ahead of inflation and that it would have been a mistake not to act.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Ülo Kaasik said Friday that markets expected another two to three ECB rate hikes this year, but that the timing of the next move was extremely difficult to predict.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martin Kocher said Friday that the ECB’s rate hike would help stabilize conditions as the Middle East war pushed inflation higher and raised the risk of second-round effects.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Primož Dolenc said Friday that the ECB’s new interest-rate level would allow it to respond appropriately to further developments in the Middle East energy shock.
12 June 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Friday that the ECB would maintain optionality regarding its next move and react if necessary.
12 June 2026
By Marta Vilar – MADRID (Econostream) – Thursday’s rate hike by the European Central Bank was “just enough for now,” according to Governing Council member Primož Dolenc, who declined to provide any guidance on future policy moves.
12 June 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday did what she had to do – and as we expected yesterday – after the Governing Council’s unsurprising 25bp rate hike, refusing adamantly to provide a post-June roadmap.
11 June 2026
By Marta Vilar – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said on Thursday that the ECB unanimously decided to raise interest rates by 25bp, with no other policy options discussed, describing the move as both “necessary” and “a signal.”
11 June 2026
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s monetary policy decision on Thursday was consistent, at least at first glance, with the “one-and-watch” scenario we outlined ahead of the meeting.
11 June 2026
By Marta Vilar – FRANKFURT (Econostream) – The European Central Bank’s Governing Council on Thursday raised its key interest rates by 25bp and published updated staff projections pointing to weaker growth and higher inflation over the coming years.
11 June 2026
By David Barwick – FRANKFURT (Econostream) – The European Central Bank’s main decision on June 11 stopped being the source of much suspense some time ago, with a 25bp rate hike the only reasonably probable outcome and the Governing Council likely to be unanimous, given the lack of any obvious dissenter.
10 June 2026
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter was broadly unchanged for the Governing Council while turning slightly more hawkish for the Executive Board as the quiet period ahead of the June meeting began.
5 June 2026