Euro news: rate decisions and economic data
Euro (EUR) rate decisions and data from the European Central Bank, plus releases elsewhere that can move it, read from the official text minutes after they come out.
Tuesday, November 10
Lane says ECB communication tone tracks rate moves and inflation focus
Lane's keynote at the Bank of England Watchers Conference reviews ECB research on how central bank communication shapes market and household expectations. It finds ECB tone turns hawkish in tightening phases and dovish in easing, with more weight placed on inflation.
European Central Bank: Philip R. Lane: The science and practice of monetary policy communication: the ECB experience
Saturday, November 7
Lagarde says ECB inflation outlook under watch as energy lifts euro area price pressures
In an interview published 7 November 2026, ECB President Christine Lagarde said headline inflation was 4% in October, with energy inflation at 20.8% and core inflation at 2.5%. She said no second-round effects were yet visible and that policy will be set meeting by meeting, with no firm call on a December move.
European Central Bank: Christine Lagarde: Interview with Yomiuri Shimbun
Thursday, November 5
Schnabel says ECB should keep policy flexible and protect monetary dominance
In a personal reflections speech at the ECB Conference on Money Markets, Executive Board member Isabel Schnabel argues against commitments that limit policy flexibility and favours policy rates as the primary instrument. She also warns that rising public debt and growth of non-bank finance could threaten monetary dominance if left unchecked.
European Central Bank: Isabel Schnabel: Navigating stormy waters: reflections on monetary policyCipollone outlines ECB plans for banknotes, digital euro and tokenised finance
ECB Executive Board member Piero Cipollone set out four initiatives: modernising euro banknotes, developing a digital euro, settling tokenised assets in central bank money, and interlinking fast payment systems. He said the digital euro pilot is planned for the second half of 2027 and a potential first issuance in 2029, assuming the legislative process concludes by end-2026.
European Central Bank: Piero Cipollone: Shaping the future of money
Tuesday, November 3
ECB wage tracker at 2.7% in second half of 2026, 2.8% in first half of 2027
The headline wage tracker was revised up about 0.1 percentage points for the second half of 2026 and the first half of 2027. It falls to 2.4% in the third quarter of 2027 on still-limited employee coverage of 23.3%.
European Central Bank: ECB wage tracker suggests slightly higher wage growth in first three quarters of 2027 compared with the full year of 2026
Monday, November 2
Vujčić says EU must deepen Single Market to build resilience to shocks
ECB Vice-President Boris Vujčić argues Europe should keep openness and strengthen resilience by completing the Single Market and the savings and investments union. He cites ECB estimates that internal barriers are equivalent to tariffs of around 67% for goods and 95% for services.
European Central Bank: Boris Vujčić: Integrated, open and resilient: Europe’s strengths in a fragmenting world
Friday, October 30
ECB survey sees 2026 euro area inflation at 3.0%, up 0.3 points
Forecasters raised 2026 and 2027 HICP inflation expectations to 3.0% and 2.6%, mainly on higher energy prices, while longer-term inflation stays at 2.0%. Growth expectations for 2026 were revised up to 1.0%, and the ECB's next staff projections are due 18 December 2026.
European Central Bank: Results of the ECB Survey of Professional Forecasters for the fourth quarter of 2026
Thursday, October 29
ECB holds key rates unchanged, flags upside inflation risk from energy shock
The Governing Council kept its three key ECB interest rates unchanged and said energy prices have risen, posing upside risks to inflation and downside risks to growth. Inflation rose to 3.8% in September from 3.2% in August, and the ECB stated it is not pre-committing to a particular rate path.
European Central Bank: Christine Lagarde, Boris Vujčić: Monetary policy statement (with Q&A)ECB holds deposit rate at 2.50%, signals meeting-by-meeting approach
The ECB kept its three key rates unchanged, with the deposit facility at 2.50%, the main refinancing rate at 2.65% and the marginal lending rate at 2.90%. The Governing Council said it is data-dependent, is not pre-committing to a rate path, and stands ready to adjust all instruments.
European Central Bank: Monetary policy decisions
From the official feeds of the European Central Bank. Headlines and summaries are written by AI from each release minutes after it is published; the release itself is the record. Prices are not shown. Information only, not advice.