Central Bank


ECB’s Stournaras: Energy Shock Shows Need for More European Investment

ECB’s Stournaras: Energy Shock Shows Need for More European Investment

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday said the latest Middle East conflict had created another supply-side shock that was pushing up inflation and weighing on economic activity, arguing that Europe needed more investment to strengthen its resilience.

4 June 2026
ECB’s Stournaras: AI Could Boost Productivity but Create New Inflation, Stability Risks

ECB’s Stournaras: AI Could Boost Productivity but Create New Inflation, Stability Risks

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras on Thursday said artificial intelligence could raise productivity and increase economies’ growth potential, but warned that the transition could also create inflationary pressures, labor-market disruptions and new risks to financial stability.

4 June 2026
Bank of Italy, CEPR: €-Coin Declines in May to 0.45 from 0.52 in April

Bank of Italy, CEPR: €-Coin Declines in May to 0.45 from 0.52 in April

By Laura Contemori – ROME (Econostream) – The Bank of Italy's €-coin indicator, a measure of underlying euro area economic growth, declined to 0.45 in May 2026 from 0.52 in April, according to a joint release by the Bank of Italy and the Centre for Economic Policy Research (CEPR) on Thursday.

4 June 2026
ECB’s Elderson: ECB to Ask Banks to Act Early on AI Cyber Risks

ECB’s Elderson: ECB to Ask Banks to Act Early on AI Cyber Risks

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson said Wednesday that the ECB would ask banks to take proactive steps to protect themselves against cyber risks stemming from frontier artificial intelligence models.

3 June 2026
ECB’s Wunsch: June Hike Case Would Probably Survive Middle East Peace Deal

ECB’s Wunsch: June Hike Case Would Probably Survive Middle East Peace Deal

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pierre Wunsch on Wednesday signaled support for a 25bp rate increase on June 11, saying the case for hiking would probably remain in place even if a peace deal in the Middle East were confirmed shortly before the meeting.

3 June 2026
ECB Insight: Rehn and the Insurance Hike Paradox

ECB Insight: Rehn and the Insurance Hike Paradox

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn's speech on Tuesday mounted the clearest argument yet for characterizing a likely June rate hike as an “insurance hike,” even as it illustrated the peril of the phrase.

2 June 2026
ECB Insight: Spain’s Board Claim Takes Precedence as de Cos Fades from View

ECB Insight: Spain’s Board Claim Takes Precedence as de Cos Fades from View

By David Barwick – FRANKFURT (Econostream) – Less than a month after we pointed out that European Central Bank Vice President Luis de Guindos’ praise for ex-Banco de España Governor Pablo Hernández de Cos kept getting fainter, the next step has arrived: the former no longer mentions the latter at all.

1 June 2026
ECB’s Schnabel Warns Stablecoins Could Reinforce Dollar Dominance, Alter Monetary Transmission

ECB’s Schnabel Warns Stablecoins Could Reinforce Dollar Dominance, Alter Monetary Transmission

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Monday warned that the rapid growth of stablecoins could pose risks to financial stability, affect the transmission of monetary policy and further entrench the global dominance of the U.S. dollar, arguing that central banks must respond through regulation and continued innovation in public money.

1 June 2026
ECB’s de Guindos Says Further Hike After June Would Be Even More Uncertain

ECB’s de Guindos Says Further Hike After June Would Be Even More Uncertain

By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos said in an interview published Sunday that a global supply shock would first affect inflation and then growth, and warned against assuming that a possible June rate hike would necessarily be followed by another move.

31 May 2026