By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Monday reiterated that the ECB could “no longer look through” the shock from the conflict in the Middle East.
1 June 2026
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
By David Barwick – FRANKFURT (Econostream) – Eurozone consumers’ near-term inflation expectations remained elevated in April, while their assessment of recent inflation rose significantly, the European Central Bank said Monday.
1 June 2026
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
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
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Álvaro Santos Pereira said over the weekend that monetary policy should act quickly if inflationary pressures risk becoming persistent, signaling support for a rate hike at the ECB’s June 11 meeting.
31 May 2026
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter moved more hawkish in both indices this week, with the Governing Council measure moving from slightly hawkish territory to close to outright hawkish territory, while the gap with the Executive Board narrowed substantially.
29 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Dimitar Radev said on Friday that the risks of delaying monetary policy action could outweigh those of moving earlier.
29 May 2026
By David Barwick – VILNIUS (Econostream) – Following is the full transcript of the interview conducted by Econostream on 28 May 2026 with Gediminas Šimkus, Chairman of the Board of the Bank of Lithuania and member of the Governing Council of the European Central Bank:
29 May 2026
By David Barwick – VILNIUS (Econostream) – A 25bp June interest rate hike by the European Central Bank would be prudent and a second tightening move thereafter is more likely than not, according to ECB Governing Council member Gediminas Šimkus, who said that policymakers should gather additional evidence after June rather than feel compelled to tighten again immediately.
29 May 2026
By Laura Contemori – ROME (Econostream) – European Central Bank Governing Council member Fabio Panetta on Friday said the ECB’s monetary policy stance should be reevaluated, as the energy shock is already pushing up consumer prices.
29 May 2026
By Laura Contemori – ROME (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Thursday that central banks should embrace the digitalization of money and payments while preserving safety, uniformity and reliability.
28 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Thursday that even if the current energy shock began to reverse, its second-round effects would continue to weigh on the economy “for a while.”
28 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday warned that the environment facing central banks had become markedly more difficult, arguing that legal independence alone was no longer sufficient and that credibility earned through action would be decisive in preserving monetary autonomy.
28 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said on Wednesday that an interest rate hike in June was the most likely scenario.
27 May 2026
By Marta Vilar – DUBLIN (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said on Wednesday that that the ECB should lead markets rather than follow them, warning that it “would be a big mistake” to raise rates without the justification of evidence, simply because markets expected it.
27 May 2026
By Marta Vilar – DUBLIN (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf said Wednesday that he had not yet seen clear second-round effects stemming from the Middle East conflict, though he added that did not mean such effects did not exist or could not emerge in time for the ECB’s June meeting.
27 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member José Luis Escrivá said Wednesday that central banks had to adapt their analytical tools and communication to a world of more frequent, complex and less predictable shocks.
27 May 2026
By Marta Vilar and Laura Contemori – MADRID/ROME (Econostream) – European Central Bank Vice President Luis de Guindos said on Wednesday that the economic slowdown caused by the Middle East shock could partly offset inflationary pressures, though the overall impact would still be inflationary.
27 May 2026
By Laura Contemori – ROME (Econostream) – European Central Bank Vice President Luis de Guindos said Wednesday that the Middle East energy shock posed upside risks to inflation and downside risks to growth, warning that it could raise market volatility and make debt servicing more difficult.
27 May 2026