Isabel Schnabel, a member of the European Central Bank's Executive Board, spoke at the ECB Conference on Money Markets in Frankfurt. She described the past seven years as an extraordinary period for monetary policy. According to her, inflation moved from persistently low levels to recurrent inflationary shocks. She said the ECB shifted from a historically accommodative stance to the fastest tightening cycle in its history. She also pointed to fragmentation and geopolitical tensions as factors shaping the global economy.
Frankfurt am Main
3 stories since 28 October 2026, newest first
5 November 2026
30 October 2026
Piero Cipollone, a member of the Executive Board of the European Central Bank, said Europe will move to T+1 securities settlement on 11 October 2027, cutting the settlement period from two days to one. He spoke at an EU T+1 Industry Committee event in Frankfurt am Main on 29 October 2026. According to his remarks, a shorter cycle can reduce market and counterparty risk. He framed the change as part of wider work to make Europe's financial system more efficient, resilient, safer and competitive.
28 October 2026
The European Central Bank kept its deposit rate unchanged at 2.5 percent on 29 Oct, with the Governing Council deciding unanimously to hold. Eurozone headline inflation rose to 3.8 percent in September, its highest level since September 2023, driven by energy prices that climbed 18.8 percent amid Middle East turbulence. The ECB said risks to inflation are skewed to the upside. Christine Lagarde, the ECB president, announced she will step down early in February 2027. Markets priced in about a 67 percent chance of a rate increase in December.