
Lagarde urges lawmakers to act so ECB can keep inflation anchored across Europe
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European Central Bank President Christine Lagarde will deliver a targeted list of measures to EU leaders aimed at strengthening the monetary and fiscal architecture of the bloc. The document frames near-term priorities for economic coordination, supervisory convergence and crisis preparedness without prescribing immediate policy moves.
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ECB's Elderson urges a decisive push toward a true bank union
ECB executive Frank Elderson told policymakers that completing the banking union — notably joint deposit insurance and resolution backstops — is essential to protect the euro area's policy autonomy and prevent national-level firefighting. His intervention aligns with broader ECB work to translate integration debates into a short, technical checklist for leaders, raising political pressure ahead of upcoming decision windows.

Bundesbank warns US Fed's loss of independence could fuel global inflation
Bundesbank President Joachim Nagel warned that political encroachment on the U.S. Federal Reserve could set a precedent prompting other governments to press their central banks toward easier policy, raising inflationary risks worldwide. He said Europe’s monetary framework is legally robust but not immune to spillovers from a shift in U.S. central bank behaviour, and noted that recent public commentary from U.S. officials and fiscal pressures make the credibility challenge more acute.

ECB executive says a Europe‑run digital euro is vital to payments sovereignty
An ECB executive argues that a centrally issued digital euro is needed to preserve Europe’s control over retail payments amid rising geopolitical pressure and loss of cash usage. He says legal-tender status and a single open standard would drive pan‑European acceptance and reduce reliance on non‑European payment infrastructures.

Macron urges EU to convert economic weight into strategic power
President Emmanuel Macron urged EU leaders to pool resources and treat the bloc as a geopolitical actor, proposing mutualised borrowing to finance roughly €1.2tn a year for defence, clean energy and AI. He also plans to raise the euro’s recent appreciation at the European Council and signalled a tougher posture on digital regulation with the United States, framing fiscal, currency and regulatory levers as a connected strategic toolkit.
ECB Signals More Waiting Than Tightening as Markets Scale Back Hike Expectations
A recent poll of economists and investors shows markets increasingly expect the European Central Bank to pause further rate hikes, reducing near-term volatility in bond markets. That consensus shifts the focus onto incoming data, cross-border monetary dynamics and ECB communication to prevent a re-acceleration of inflation.
ECB analysis finds U.S. tariffs blunt euro‑area inflation; rate cuts could undo pressure
An ECB research paper finds recent U.S. import levies have trimmed euro‑area demand and exerted downward pressure on consumer prices. The authors also note that political bargaining and firm-level responses have softened the immediate pass‑through, but those buffers are temporary — and because affected sectors are highly rate‑sensitive, ECB rate cuts could largely reverse the disinflationary impact.