The European Central Bank

ECB decisions and minutes, euro-area inflation and what the bank is likely to do next. 3 items, newest first.

October 2026

Thu 823:14Policy
ECB minutes: a unanimous rate rise, and no promise of another
The ECB minutes for September show every member backed the rise to 2.50% and saw inflation risks to the upside, but they chose to promise nothing for October.
Market noteThe Notebook Desk4 min
Fri 214:52Policy
Euro area inflation jumped to 3.8%, but markets expect the ECB to wait
Energy prices were 18.8% higher than a year ago in September, and inflation reached its highest since 2023. Core inflation rose only to 2.5%, and markets see little chance of an ECB rise this month.
Market noteThe Notebook Desk3 min

Tue 2909:15Currencies
The euro fell 2.2% in two weeks, after the ECB raised rates
Both central banks raised rates in September. The dollar gained anyway, because Fed officials expect to go further.
Market noteThe Notebook Desk3 min