European Central Bank
ECBDecoder
Just 4 percent of euro area households invest in capital markets
Euro area households hold nearly €10 trillion in cash and deposits while 80 percent own no market-based financial assets.
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ECBSpeech
Lagarde urges €600 billion market push to secure European AI
Speaking in Vienna on September 14, 2026, European Central Bank President Christine Lagarde called for deep capital markets to fund a €600 billion AI infrastructure push and warned against relying entirely on foreign technology.
ECBSpeech
Cipollone defends cash role as banknote redesign advances
The European Central Bank will continue to protect euro cash while developing the digital euro, Executive Board member Piero Cipollone said in Brussels on September 14. Cipollone highlighted legislative efforts on legal tender and the ongoing redesign of euro banknotes.
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ECBPaper
Services spending boosts goods output via household income
An ECB working paper shows that government spending concentrated in services stimulates goods production and private consumption in an open economy.
ECBPaper
Crypto deleveraging inverts monetary transmission to DeFi rates
Federal Reserve rate hikes frequently push decentralized finance deposit rates in the opposite direction due to crypto deleveraging.
ECBSpeech
Schnabel warns fiscal strain and weak growth threaten stability
European Central Bank Executive Board member Isabel Schnabel warned that mounting fiscal demands and slowing potential growth threaten stability across the euro area.
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ECBSpeech
Lagarde defends rate increase with inflation at 3.3 percent
European Central Bank President Christine Lagarde defended the recent policy rate increase, citing persistent energy shocks that pushed euro area inflation to 3.3 percent.
ECBSpeech
Lagarde urges deeper capital and energy integration across Europe
Speaking in Normandy on September 12, 2026, European Central Bank President Christine Lagarde called for deeper Single Market integration in capital and energy.
ECBSpeech
Lane projects euro area inflation at 3.0 percent in 2026
European Central Bank Executive Board member Philip R. Lane presented the September 2026 staff macroeconomic projections at the DEW Economic Policy Conference on September 11, 2026.
ECBPaper
Euro area GDP growth raised to 0.9 percent amid energy price shock
ECB staff have raised the euro area real GDP growth projection to 0.9 percent for 2026, while projecting headline inflation to peak at 3.0 percent before easing to 2.1 percent in 2028.
ECBSpeech
Rates raised 25 basis points as energy shock fuels inflation
The European Central Bank has raised its three key interest rates by 25 basis points, citing persistent energy price pressures from the Middle East conflict.
ECBNews
Deposit rate raised 25 basis points to 2.50 percent
The European Central Bank has raised its key interest rates by 25 basis points, lifting the deposit facility rate to 2.50 percent.