By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Peter Kažimír said Friday that the policy discussion had shifted markedly in recent months, with talk of a possible rate cut now replaced by debate over whether a modest increase may eventually be needed.
24 April 2026 Central Bank News
By Marta Vilar – MADRID (Econostream) – Econostream’s ECB Tone Meter continued to decline this week, building on last week’s reversal from earlier hawkish levels. The Governing Council index has now slipped back into neutral territory, sitting just below the threshold that would signal a slightly hawkish stance.
24 April 2026 Central Bank News
By Marta Vilar – MADRID (Econostream) – Following is a collection of views expressed by ECB Governing Council members on various topics of high relevance related to next week’s meeting and the further evolution of monetary policy.
24 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said political attacks on central bank independence ultimately backfire, arguing that recent pressure on the Federal Reserve had triggered a flight from US assets and the dollar rather than delivering any durable policy gain.
23 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Wednesday said that the countries of Europe needed to join forces financially to meet the costly challenges it faces.
22 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Wednesday argued that the digital euro had become a political project aimed at strengthening Europe’s sovereignty in payments, saying the bloc could no longer afford heavy reliance on non-European providers in such a critical area.
22 April 2026 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Wednesday that the ECB should refrain from raising interest rates at the April 30 Governing Council meeting.
22 April 2026 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Chief Economist Philip Lane said on Wednesday that the ECB cannot yet determine whether the Middle East conflict will be a temporary shock or a more persistent one until its duration becomes clear.
22 April 2026 Central Bank News
By David Barwick and Marta Vilar – FRANKFURT (Econostream) – The European Central Bank did not abruptly take an April 30 rate hike off the table. Instead, starting in late March and gathering pace by mid-April, policymakers increasingly stopped preparing markets for action at the next meeting and started buying time. April remained formally live, but messaging pointed more and more clearly toward June as the meeting at which the Governing Council expected to know enough to judge whether the Iran shock was merely painful or genuinely inflationary in the medium term.
22 April 2026 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Yannis Stournaras said Wednesday that the ECB should hold off on raising interest rates for now, adding that he believes the Middle East conflict could end soon.
22 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Frank Elderson defended the ECB’s climate-related work on Wednesday as a necessary part of its mandate, arguing that price stability, financial stability, and bank resilience cannot be safeguarded if policymakers ignore the economic effects of climate and nature shocks.
22 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane on Wednesday argued that the Eurozone suffers from an “undersupply of euro-denominated safe assets,” calling for a larger stock of common debt and other instruments that could deepen market liquidity, strengthen financial stability, and reinforce the euro’s international role.
22 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Mārtiņš Kazāks on Wednesday said the ECB was under no immediate pressure to raise interest rates, arguing that inflation expectations remained contained and that spillovers from higher energy prices had so far been limited.
22 April 2026 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Vice President Luis de Guindos said on Tuesday that the ECB’s monetary policy “must be prudent” and keep a “cool head,” stressing the importance of closely monitoring developments in the Middle East conflict.
21 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Tuesday said the inflation effects of artificial intelligence were uncertain and warned that central banks should stay alert, arguing that while AI could lift productivity and ease some price pressures, it could also boost demand, power consumption and pricing risks.
21 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde’s speech in Berlin on Monday fit neatly into the pattern of recent ECB communication. Patient but not complacent, it was above all an effort to explain why the ECB still does not know enough to draw robust near-term policy conclusions.
21 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said Monday that the uncertainty surrounding the Middle East energy shock argued for waiting for more information before drawing firm monetary-policy conclusions, while reiterating that the ECB stood ready to act as needed.
20 April 2026 Central Bank News
By David Barwick – FRANKFURT (Econostream) – OMFIF’s new survey on who should succeed European Central Bank President Christine Lagarde is interesting chiefly as a snapshot of elite chatter, because it treats the ECB presidency as if the position were being filled by a search committee weighing CVs against a competency matrix.
20 April 2026 Central Bank News
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Olli Rehn said on Monday that it was “easy to agree” with the International Monetary Fund’s recommendation to central banks about monitoring the situation in the Middle East “calmly” as long as inflation expectations remain anchored.
20 April 2026 Central Bank News
By David Barwick and Marta Vilar – FRANKFURT (Econostream) – We return from the IMF Spring Meetings in Washington yet more convinced that treating a June hike as the inevitable byproduct of an April hold understates the risk that June, too, will prove too early.
20 April 2026 Central Bank News