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Ireland Nominates Makhlouf for Second Term as Central Bank Governor

Ireland Nominates Makhlouf for Second Term as Central Bank Governor

By Marta Vilar – MADRID (Econostream) – The Irish government on Tuesday nominated European Central Bank Governing Council member Gabriel Makhlouf for a second term at the head of the Central Bank of Ireland, according to a statement from the Department of Finance.

3 March 2026 Central Bank News
ECB’s Lane: Middle East Escalation Could Jolt Inflation Higher, Hit Output; ECB “Closely Monitoring”

ECB’s Lane: Middle East Escalation Could Jolt Inflation Higher, Hit Output; ECB “Closely Monitoring”

By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Philip Lane on Tuesday warned that a potential escalation of military conflict in the Gulf could deliver an energy-price-driven inflation shock while weighing on euro-area growth, stressing that the magnitude and the implications for the medium-term inflation outlook would depend on the breadth and duration of any disruption.

3 March 2026 Central Bank News
ECB’s Kocher: ECB Should Be Ready to Move Rates Quickly in Either Direction

ECB’s Kocher: ECB Should Be Ready to Move Rates Quickly in Either Direction

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martin Kocher on Monday said the ECB should be ready to move interest rates quickly in either direction if current uncertainties affecting the euro area outlook were to materialize, while making clear that policymakers should not react prematurely to risks that had not yet shown up in the data.

2 March 2026 Central Bank News
ECB’s Nagel: Current Rate Level Leaves ECB in “Good Position”

ECB’s Nagel: Current Rate Level Leaves ECB in “Good Position”

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Sunday that the ECB was “in a good position” at current interest rate levels and should continue setting policy meeting by meeting as trade and geopolitical uncertainty remain high.

1 March 2026 Central Bank News