By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau’s final monetary policy speech as Banque de France governor on Thursday was meant to be an exercise in humility. Hypocrisy won.
8 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said Europe should not respond to the spread of dollar stablecoins by simply promoting euro-denominated versions, warning that this could create financial stability risks and weaken monetary policy transmission.
8 May 2026
By Marta Vilar – LONDON (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Thursday that the ECB should not wait for wage growth to accelerate before responding to the inflationary effects of the energy shock linked to the Middle East conflict, warning that doing so could mean reacting “too late.”
7 May 2026
By Marta Vilar – LONDON (Econostream) – European Central Bank Executive Board member Isabel Schnabel said on Thursday that the ECB could have to tighten monetary policy if the energy shock linked to the conflict in the Middle East spreads more broadly through the economy, as risks of second-round inflation effects have risen in recent weeks.
7 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Thursday that speculation and statements about the timing of the ECB’s next interest rate hike seemed like “disguised forward guidance.”
7 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Martin Kocher on Thursday said the ECB was not pre-committed to raising interest rates in June, but would have to consider rate hikes in the coming months if the Middle East situation failed to improve and energy prices remained elevated.
7 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Joachim Nagel said on Thursday that the ECB may raise interest rates in June unless the economic outlook improves significantly.
7 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos on Thursday urged faster progress on European financial integration, saying the European Union needed deeper capital markets, a stronger banking union and simpler regulation to support growth and competitiveness.
7 May 2026
By David Barwick – FRANKFURT (Econostream) – French President Emmanuel Macron has proposed former Élysée secretary-general Emmanuel Moulin as the next governor of the Bank of France, putting a close presidential ally in line to succeed European Central Bank Governing Council member François Villeroy de Galhau.
6 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Chief Economist Philip Lane said Tuesday that climate change and the green transition increasingly mattered for monetary policy, but that the ECB could not apply a uniform response to climate-related shocks.
5 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Tuesday that there is still insufficient evidence of second-round inflation effects stemming from the energy shock to warrant an interest rate hike.
5 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde said Tuesday that climate and nature risks had become increasingly relevant for monetary policy and required deeper, fact-based analysis as the green transition lost momentum and became more politically contested.
5 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member Fabio Panetta said on Tuesday that inefficiencies in cross-border payments are becoming a broader test of whether the global economy can remain interconnected amid rising geopolitical tensions, while urging coordinated reforms at both global and national level.
5 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel said Monday that a rate hike in June would be warranted if the inflation outlook did not improve markedly by then.
4 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Vice President Luis de Guindos said Monday that the current economic situation was highly uncertain because of the Middle East war and volatile energy markets.
4 May 2026
By Marta Vilar – MADRID (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau said on Monday that monetary policy must remain cautious and alert, while staying ready to respond quickly if needed.
4 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone said on Monday that tokenized financial markets needed central bank money in tokenized form at their core to preserve monetary policy effectiveness, financial stability and monetary sovereignty.
4 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Madis Müller said Monday that the ECB had scope not to rush decisions on raising interest rates, given that policy rates were now roughly neutral.
4 May 2026
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Gediminas Šimkus said on Monday that the ECB was likely to raise interest rates in June, with the direction of the next move “sufficiently obvious” given higher inflation and increased inflation risks.
4 May 2026
By David Barwick – FRANKFURT (Econostream) – Outgoing European Central Bank Vice President Luis de Guindos is not campaigning against former Banco de España Governor Pablo Hernández de Cos for the ECB presidency, but with each successive interview, he sounds less like someone actively supporting him.
4 May 2026