By Marta Vilar – SOFIA (Econostream) – Under current circumstances, prudence argues for the European Central Bank to “put more emphasis on vigilance” than patience after its September decision and communicate its readiness to act again, according to ECB Governing Council member Dimitar Radev.
27 August 2026
By David Barwick – FRANKFURT (Econostream) – As technical work on the European Central Bank's operational framework review gets under way, one of the main pieces of unfinished business is how and when the ECB should begin meeting part of the banking system's recurring liquidity needs through new structural refinancing operations.
27 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Wednesday said the Eurosystem plans to launch its Pontes service for settling tokenized transactions in central bank money this year, with 24/7 operation and multi-currency capability envisaged by mid-2028.
26 August 2026
By David Barwick – FRANKFURT (Econostream) – The European Central Bank's review of its operational framework is moving into a more active phase, with technical work now under way and the issue set to return to the Governing Council in the months ahead.
26 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Isabel Schnabel said further monetary policy tightening would be necessary, with the prolonged Middle East conflict and unexpectedly resilient economic activity resulting in upside inflation risks.
26 August 2026
By David Barwick – FRANKFURT (Econostream) – Three months after we argued that the remarkable stability of the field of plausible candidates to succeed European Central Bank President Christine Lagarde was increasingly good news for former De Nederlandsche Bank President Klaas Knot, strikingly little has changed in this respect.
25 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde's reported declaration that she is "ready to serve" as the next president of the World Economic Forum adds weight to the long-running case for her leaving Frankfurt before her term expires at the end of October 2027.
24 August 2026
By David Barwick – FRANKFURT (Econostream) – A further 25bp European Central Bank interest rate hike in September looks increasingly likely, with unexpectedly resilient economic activity leaving little obvious reason for policymakers to confound longstanding market expectations – embedded as well in the baseline outlook – of further tightening.
24 August 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Monday that monetary policy should be “well calibrated,” as raising interest rates in response to a supply shock could weigh on economic growth, adding that inflation was currently consistent with the ECB’s baseline scenario.
24 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde has told World Economic Forum trustees that she is "ready to serve" as the organization's next president, the Swiss weekly NZZ am Sonntag reported Sunday, citing informed sources.
24 August 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olaf Sleijpen on Friday acknowledged the limited long-term impact of past quantitative easing while emphasizing that anchored inflation expectations remain the definitive metric of ECB policy credibility.
21 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Friday said the ECB was well positioned to raise interest rates further if necessary to return inflation to target, while stressing that it was too early to judge the outcome of next month's policy meeting.
21 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn said Wednesday that euro area wage developments remained moderate and showed no strong evidence so far of second-round effects from the Middle East energy shock, while saying the Governing Council would reassess the inflation outlook at its September meeting.
19 August 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank President Christine Lagarde said on Wednesday that domestic demand was expected to remain the main source of euro area growth this year, arguing that Europe needed to turn its recent domestic resilience into a more lasting engine of economic expansion.
19 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane on Tuesday pushed back against the idea that the ECB should refrain from raising interest rates because of the resulting burden on mortgage borrowers, saying tolerating excessively high inflation as a consequence would be a "false economy."
18 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Olli Rehn said the ECB should retain forward guidance as a monetary policy instrument, arguing that the euro area's relatively low neutral interest rate leaves it more exposed than the United States to the effective lower bound, while warning against guidance that constrains policymakers' freedom of action.
18 August 2026
By David Barwick – FRANKFURT (Econostream) – The Dutch government supports a possible candidacy by former De Nederlandsche Bank President Klaas Knot to succeed Christine Lagarde as president of the European Central Bank, according to the Dutch Finance Ministry.
5 August 2026
By Laura Contemori – ROME (Econostream) – The Bank of Italy’s €-coin indicator, a measure of underlying euro area economic growth, rose to 0.54 in July from 0.39 in June, according to a joint release by the Bank of Italy and the Centre for Economic Policy Research (CEPR) published Tuesday.
4 August 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martin Kocher said Friday that uncertainty surrounding the inflation outlook remained high, with geopolitical developments capable of rapidly affecting energy prices.
31 July 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Yannis Stournaras said Thursday that policymakers should retain full freedom to move interest rates in either direction as they assessed the medium-term inflation outlook.
30 July 2026