Central Bank


ECB’s Kocher: Higher Long-Term Yields Tighten Financial Conditions, Must Affect Policy

ECB’s Kocher: Higher Long-Term Yields Tighten Financial Conditions, Must Affect Policy

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Martin Kocher said Thursday that higher long-term bond yields were tightening financial conditions and therefore had to be taken into account in setting monetary policy, while saying there was no current need to discuss deploying other ECB instruments.

15 October 2026
ECB’s Šimkus: More Evidence Since September Points to Possible Tightening

ECB’s Šimkus: More Evidence Since September Points to Possible Tightening

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said Wednesday that evidence accumulated since the September meeting suggested that some further monetary policy tightening could be needed, while indicating that December offered policymakers a richer information set than October.

14 October 2026
ECB’s Escrivá: Europe Risks Missing Out on Technological Transformation

ECB’s Escrivá: Europe Risks Missing Out on Technological Transformation

By Marta Vilar – BANGKOK (Econostream) – European Central Bank Governing Council member José Luis Escrivá said on Wednesday that Europe was poorly positioned to benefit from the rapid technological transformation of the global economy, citing excessive regulatory complexity, insufficient rewards for talent and fragmented markets.

14 October 2026
ECB’s Elderson: Banks Must Build Resilience Beyond Climate Models

ECB’s Elderson: Banks Must Build Resilience Beyond Climate Models

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson said Wednesday that banks needed to build resilience against climate and nature shocks that could not be captured adequately by conventional risk models, as increasing uncertainty and non-linear effects made reliance on historical data less dependable.

14 October 2026
ECB’s Lagarde: Can’t Wait for Second-Round Inflation Effects to Be Fully Visible

ECB’s Lagarde: Can’t Wait for Second-Round Inflation Effects to Be Fully Visible

By David Barwick – BANGKOK (Econostream) – European Central Bank President Christine Lagarde said Wednesday that the ECB was looking for early evidence that higher energy costs were spreading more broadly through the economy, warning that policymakers could not afford to wait for second-round inflation effects to become fully apparent.

14 October 2026
ECB’s Moulin: Higher Long-Term Yields Could Temper Response to Inflation Shock

ECB’s Moulin: Higher Long-Term Yields Could Temper Response to Inflation Shock

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Emmanuel Moulin said Wednesday that the current energy-driven inflation shock warranted a “measured adjustment” of monetary policy, while higher long-term yields were already tightening financial conditions and could allow a more moderate interest rate response.

14 October 2026
ECB’s Lane: Global AI Boom Tightening Euro Area Financial Conditions

ECB’s Lane: Global AI Boom Tightening Euro Area Financial Conditions

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane said Tuesday that the global artificial intelligence investment boom was contributing to higher long-term interest rates, resulting in a material tightening of financial conditions in the euro area that was relevant to the ECB’s monetary policy stance.

13 October 2026
ECB’s Pereira: Portugal Debt Success Built on Fiscal Prudence, Structural Reforms

ECB’s Pereira: Portugal Debt Success Built on Fiscal Prudence, Structural Reforms

By David Barwick – BANGKOK (Econostream) – European Central Bank Governing Council member Álvaro Santos Pereira on Tuesday said that Portugal’s successful reduction of its high public debt reflected sustained fiscal prudence across successive governments, structural reforms and a carefully managed return to market financing.

13 October 2026
ECB Insight: German Plans for Schnabel’s Board Seat May Make a President Knot Likelier

ECB Insight: German Plans for Schnabel’s Board Seat May Make a President Knot Likelier

By David Barwick – FRANKFURT (Econostream) – Germany’s stated intention to seek another German for the European Central Bank Executive Board seat being vacated by Isabel Schnabel could materially improve former de Nederlandsche Bank Governor Klaas Knot’s chances of succeeding Christine Lagarde if it means that Berlin is scaling back its ambitions for the other top ECB jobs.

12 October 2026
ECB’s Stournaras: Inflation Well Above Target, Suggests Gradual Rate Hikes

ECB’s Stournaras: Inflation Well Above Target, Suggests Gradual Rate Hikes

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras said euro area inflation was well above the ECB’s 2% target and suggested that further interest rate increases would be gradual, pointing to the success of gradual tightening in bringing down inflation previously without causing a recession or threatening financial stability.

11 October 2026
ECB Account: Higher Long-Term Rates Could Affect Appropriate Policy Rates

ECB Account: Higher Long-Term Rates Could Affect Appropriate Policy Rates

By David Barwick – FRANKFURT (Econostream) – European Central Bank policymakers said at their September meeting that higher long-term interest rates could materially restrain growth and inflation and might have implications for the appropriate level of policy rates, according to the account of the meeting published Thursday.

8 October 2026
ECB’s Lane: No Noticeable Wage Pickup So Far

ECB’s Lane: No Noticeable Wage Pickup So Far

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member and chief economist Philip Lane said Thursday that euro area wage growth had not shown a noticeable acceleration, suggesting that the latest inflation increase had yet to generate significant second-round effects.

8 October 2026
ECB’s Stournaras: Lack of Second-Round Effects Argues for Moderate Tightening

ECB’s Stournaras: Lack of Second-Round Effects Argues for Moderate Tightening

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras said Thursday that the absence of significant second-round inflation effects argued for moderation in further monetary policy tightening, even though repeated supply shocks and additional demand pressures meant the ECB could not remain inactive.

8 October 2026