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<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>The Neural Herald · ECB</title><link>https://neuralherald.com/bce.html</link><description>ECB: Regulators and markets · read and summarised every morning</description><language>en-gb</language><lastBuildDate>Fri, 13 Nov 2026 11:40:04 +0100</lastBuildDate><atom:link href="https://neuralherald.com/en/rss/bce.xml" rel="self" type="application/rss+xml"/><image><url>https://neuralherald.com/og.png</url><title>The Neural Herald · ECB</title><link>https://neuralherald.com/bce.html</link></image><item><title>Isabel Schnabel: Made in Europe</title><link>https://neuralherald.com/en/n/2026-11-13-isabel-schnabel-made-in-europe-bdd622.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261113~3883f1f187.en.html</guid><pubDate>Fri, 13 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Speech by Isabel Schnabel, Member of the ECB Executive Board, at the Bank of Lithuania economics conference (Vilnius). She argues that the narrative of a Europe in decline is misleading: the GDP per capita gap with the US is largely explained by fewer hours worked and greater equality, although productivity growth remains weak. Her central proposal is a &quot;28th regime&quot; (EU Inc.), a single, digital and voluntary European corporate framework, adopted by regulation, so that firms can gain scale in the Single Market. It contains no monetary policy messages.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261113~3883f1f187.en.html">ECB</source></item><item><title>Economic Bulletin Issue 7, 2026</title><link>https://neuralherald.com/en/n/2026-11-12-economic-bulletin-issue-7-2026-f50dbd.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/economic-bulletin/html/eb202607.en.html</guid><pubDate>Thu, 12 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>The ECB&#x27;s Economic Bulletin 7/2026, covering the analysis behind the meeting of 29 October, at which the Governing Council kept the three key ECB interest rates unchanged. Energy prices continue to rise, posing upside risks to inflation and downside risks to growth, while underlying inflation remains stable and wages show no material response for now. Financing conditions have tightened since the meeting of 10 September. It includes eight boxes and two articles (industrial policy in the EU and the ECB&#x27;s climate work).</description><source url="https://www.ecb.europa.eu/press/economic-bulletin/html/eb202607.en.html">ECB</source></item><item><title>Artificial intelligence and European firms: the cost of market-based financing</title><link>https://neuralherald.com/en/n/2026-11-12-artificial-intelligence-and-european-firms-the-cost-of-market-based-fi-f4c4af.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_06~a36e367caf.en.html</guid><pubDate>Thu, 12 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>Box from Economic Bulletin 7/2026 that measures the exposure of STOXX Europe 600 firms to artificial intelligence using their earnings calls and analyses its effect on the cost of market-based financing. AI-exposed firms earn an equity return premium and pay somewhat lower spreads on their bonds, but this relationship depends on expectations about the technology.</description><source url="https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_06~a36e367caf.en.html">ECB</source></item><item><title>Narratives and risks: a quantitative toolkit to evaluate scenarios applied to the Middle East conflict</title><link>https://neuralherald.com/en/n/2026-11-12-narratives-and-risks-a-quantitative-toolkit-to-evaluate-scenarios-appl-5e94e3.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_01~63d20abac5.en.html</guid><pubDate>Thu, 12 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>Box from Economic Bulletin 7/2026 presenting a quantitative toolkit to assess the empirical plausibility of alternative scenarios around staff projections, by comparing the joint paths of GDP and inflation with historical patterns. Applied to the Middle East conflict scenarios in the September 2026 projections, the severe scenario is considerably less plausible than the milder or adverse ones.</description><source url="https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_01~63d20abac5.en.html">ECB</source></item><item><title>Reading the room: what Reddit tells us about retail investor sentiment</title><link>https://neuralherald.com/en/n/2026-11-12-reading-the-room-what-reddit-tells-us-about-retail-investor-sentiment-968ef8.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261112~a4c8b903d9.en.html</guid><pubDate>Thu, 12 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>ECB blog post by Fabian Wagner and Julian Metzler presenting the R-RISI, an AI-built indicator of retail investor sentiment based on Reddit discussions (r/wallstreetbets, r/stocks, r/investing, r/Bitcoin, r/Economics, among others). A language model classifies each post by tone, topic and asset, and the resulting index is timelier and higher-frequency than survey-based indicators. Its changes are associated with next-day stock market returns, especially during market downturns.</description><source url="https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261112~a4c8b903d9.en.html">ECB</source></item><item><title>The macroeconomic effects of defence spending: what impact beyond GDP?</title><link>https://neuralherald.com/en/n/2026-11-12-the-macroeconomic-effects-of-defence-spending-what-impact-beyond-gdp-851e1a.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp3310~6ef5699d9a.en.pdf</guid><pubDate>Thu, 12 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Reports</category><description>ECB working paper (No 3310, Checherita-Westphal and Særkjær) estimating the macroeconomic effects of defence spending in the 27 Member States from 1999 to 2025 using panel local projections, looking beyond GDP: prices, consumption, net exports and private investment. It corrects the accounting lag between order and delivery of military equipment using SIPRI data, which shifts the peak GDP effect to the third or fourth year and makes the inflation effect larger and earlier.</description><source url="https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp3310~6ef5699d9a.en.pdf">ECB</source></item><item><title>The role of refining costs and margins in HICP energy inflation</title><link>https://neuralherald.com/en/n/2026-11-11-the-role-of-refining-costs-and-margins-in-hicp-energy-inflation-1c46b7.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_05~d82730508f.en.html</guid><pubDate>Wed, 11 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>Box from Economic Bulletin 7/2026 on the role of refining costs and margins in HICP energy inflation. Constrained supply of crude oil and refined products has pushed up margins, especially for diesel.</description><source url="https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_05~d82730508f.en.html">ECB</source></item><item><title>Feeling the heat? Preparing for the certainty of an uncertain future</title><link>https://neuralherald.com/en/n/2026-11-11-feeling-the-heat-preparing-for-the-certainty-of-an-uncertain-future-6eaafc.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/newsletter/2026/html/ssm.nl261111_3.en.html</guid><pubDate>Wed, 11 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Newsletters</category><description>Supervision Newsletter article on physical climate and nature-related risks. More than 90% of banks consider them material, but serious weaknesses persist at some banks. The ECB announces deep dives from 2027 and dialogues on banks&#x27; response to extreme events.</description><source url="https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/newsletter/2026/html/ssm.nl261111_3.en.html">ECB</source></item><item><title>A leaner methodology for banks’ liquidity and funding risks</title><link>https://neuralherald.com/en/n/2026-11-11-a-leaner-methodology-for-banks-liquidity-and-funding-risks-507dc8.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/newsletter/2026/html/ssm.nl261111_2.en.html</guid><pubDate>Wed, 11 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Newsletters</category><description>Supervision Newsletter: from 2027 a revised SREP methodology will apply to liquidity and funding risks, simpler and based on three assessments.</description><source url="https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/newsletter/2026/html/ssm.nl261111_2.en.html">ECB</source></item><item><title>Risk appetite: where strategy, risk and decisions come together</title><link>https://neuralherald.com/en/n/2026-11-11-risk-appetite-where-strategy-risk-and-decisions-come-together-d8ffd7.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/newsletter/2026/html/ssm.nl261111_1.en.html</guid><pubDate>Wed, 11 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Newsletters</category><description>Supervision Newsletter with the results of the 2024-2026 horizontal benchmarking exercise on risk appetite frameworks (RAF) at 47 banks in 14 countries.</description><source url="https://www.bankingsupervision.europa.eu/press/supervisory-newsletters/newsletter/2026/html/ssm.nl261111_1.en.html">ECB</source></item><item><title>Philip R. Lane: The science and practice of monetary policy communication: the ECB experience</title><link>https://neuralherald.com/en/n/2026-11-10-philip-r-lane-the-science-and-practice-of-monetary-policy-communicatio-d5b48f.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261110_1~9725b7aa07.en.html</guid><pubDate>Tue, 10 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Philip Lane (Chief Economist) at the Bank of England and its Watchers conference on the science and practice of ECB monetary policy communication. He reviews internal research using language models to measure the tone of communication and argues for &#x27;framework guidance&#x27; over guidance on interest rates.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261110_1~9725b7aa07.en.html">ECB</source></item><item><title>Piero Cipollone: Cash and the digital euro: two sides of the same coin</title><link>https://neuralherald.com/en/n/2026-11-10-piero-cipollone-cash-and-the-digital-euro-two-sides-of-the-same-coin-231ed6.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261110~9422461bad.en.html</guid><pubDate>Tue, 10 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Statement by Piero Cipollone before the European Parliament&#x27;s ECON committee on cash and the digital euro. He calls for the trilogues on the single currency package to be concluded before the end of the year and details preparations for the pilot and for the banknote redesign.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261110~9422461bad.en.html">ECB</source></item><item><title>EU seeks nominations for stakeholder group on tokenisation standards in finance</title><link>https://neuralherald.com/en/n/2026-11-09-eu-seeks-nominations-for-stakeholder-group-on-tokenisation-standards-i-200c01.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews261109.en.html</guid><pubDate>Mon, 09 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Press releases</category><description>The ECB, the European Commission and ESMA open a call to form the European Tokenisation Standards Group (ETSG), an industry group that will develop common standards for tokenised finance.</description><source url="https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews261109.en.html">ECB</source></item><item><title>Written overview for the exchange of views of the Chair of the Supervisory Board of the ECB with the Eurogroup on 9 November 2026</title><link>https://neuralherald.com/en/n/2026-11-09-written-overview-for-the-exchange-of-views-of-the-chair-of-the-supervi-34e705.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.written_overview261109.en.pdf</guid><pubDate>Mon, 09 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Other</category><description>Written note by the Chair of the Supervisory Board (Claudia Buch) for the exchange of views with the Eurogroup on 9 November. The banking sector remains sound, but she points to growing risks from public debt, funding costs, insolvencies, AI and private credit, and reviews the reform of supervision.</description><source url="https://www.bankingsupervision.europa.eu/ecb/pub/pdf/ssm.written_overview261109.en.pdf">ECB</source></item><item><title>Christine Lagarde: Interview with Yomiuri Shimbun</title><link>https://neuralherald.com/en/n/2026-11-07-christine-lagarde-interview-with-yomiuri-shimbun-d89aea.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261107~e7b86fc4ce.en.html</guid><pubDate>Sat, 07 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Interview of Christine Lagarde with Yomiuri Shimbun (4 November). She puts October headline inflation at 4%, driven by energy (20.8%), with core inflation stable at 2.5% and services at 3.3%. She warns that inflation will remain high in the coming quarters and that, based on current information, a significant change would be needed for the direction not to be the one she expects for December.</description><source url="https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261107~e7b86fc4ce.en.html">ECB</source></item><item><title>Claudia Buch: Europe’s banking union has come very far. It should go further.</title><link>https://neuralherald.com/en/n/2026-11-06-claudia-buch-europe-s-banking-union-has-come-very-far-it-should-go-fur-48e61f.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/blog/2026/html/ssm.blog20261106~b77208117a.en.html</guid><pubDate>Fri, 06 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>Supervision blog post signed by Claudia Buch (Chair of the Supervisory Board) and Dominique Laboureix (Chair of the SRB). They support the Commission&#x27;s communication on banking competitiveness and set out principles for simplifying without losing resilience.</description><source url="https://www.bankingsupervision.europa.eu/press/blog/2026/html/ssm.blog20261106~b77208117a.en.html">ECB</source></item><item><title>Sharon Donnery: If time stood still: regulatory modernisation and financial stability</title><link>https://neuralherald.com/en/n/2026-11-06-sharon-donnery-if-time-stood-still-regulatory-modernisation-and-financ-28a5bb.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261106~be7a42d6e7.en.html</guid><pubDate>Fri, 06 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Sharon Donnery (Supervisory Board) at the IIF colloquium on regulatory modernisation. She supports the FSB principles under consultation and argues for changing the rules to keep them effective and remove complexity, but with each change justified by its effect on resilience.</description><source url="https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261106~be7a42d6e7.en.html">ECB</source></item><item><title>Isabel Schnabel: Navigating stormy waters: reflections on monetary policy</title><link>https://neuralherald.com/en/n/2026-11-05-isabel-schnabel-navigating-stormy-waters-reflections-on-monetary-polic-67e215.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261105_1~5e97d9d5a0.en.html</guid><pubDate>Thu, 05 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Farewell speech by Isabel Schnabel (who leaves the Executive Board in early January) at the ECB Conference on Money Markets. She sets out four lessons from seven years of monetary policy and her views on the operational framework and the Eurosystem balance sheet.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261105_1~5e97d9d5a0.en.html">ECB</source></item><item><title>Anneli Tuominen: Anti-money laundering: how are supervisors tackling the current challenges?</title><link>https://neuralherald.com/en/n/2026-11-05-anneli-tuominen-anti-money-laundering-how-are-supervisors-tackling-the-72d639.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261105~717ce34d36.en.html</guid><pubDate>Thu, 05 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Anneli Tuominen (Supervisory Board) at a conference in Helsinki on preparing for the EU Anti-Money Laundering Regulation (AMLR). She explains why money laundering matters for prudential supervision and how prudential and AML supervisors cooperate with the new AMLA.</description><source url="https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261105~717ce34d36.en.html">ECB</source></item><item><title>Christine Lagarde: A warning from Europe&#x27;s hot summer</title><link>https://neuralherald.com/en/n/2026-11-04-christine-lagarde-a-warning-from-europe-s-hot-summer-a14813.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261104~78299c3eaf.en.html</guid><pubDate>Wed, 04 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>Blog post by Christine Lagarde on Europe&#x27;s extreme summer. The economic impact has been small and temporary, but the costs of climate change are growing and could push up food inflation. She proposes more insurance protection and a more flexible electricity system.</description><source url="https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261104~78299c3eaf.en.html">ECB</source></item><item><title>Pedro Machado: Simplification and complexity in the banking union: separating the wheat from the chaff</title><link>https://neuralherald.com/en/n/2026-11-03-pedro-machado-simplification-and-complexity-in-the-banking-union-separ-1a50c2.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261103~dff42acdd1.en.html</guid><pubDate>Tue, 03 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Pedro Machado, Member of the ECB Supervisory Board, argues that simplifying the prudential framework should make it more proportionate and easier to understand, not lower capital requirements. He says the main drag on European banks&#x27; competitiveness is a market still fragmented along national lines and sets out concrete proposals to ease the burden on small banks.</description><source url="https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261103~dff42acdd1.en.html">ECB</source></item><item><title>Boris Vujčić: Integrated, open and resilient: Europe’s strengths in a fragmenting world</title><link>https://neuralherald.com/en/n/2026-11-02-boris-vujcic-integrated-open-and-resilient-europe-s-strengths-in-a-fra-121cc3.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp.261102~70003226e9.en.html</guid><pubDate>Mon, 02 Nov 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>ECB Vice-President Boris Vujčić argues in Dublin that Europe should respond to geopolitical shocks by building resilience rather than retreating from openness. His prescription is to complete the Single Market and the savings and investments union, since internal fragmentation makes cross-border business costly and weakens risk sharing.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp.261102~70003226e9.en.html">ECB</source></item><item><title>Philip R. Lane: AI adoption in Europe</title><link>https://neuralherald.com/en/n/2026-10-30-philip-r-lane-ai-adoption-in-europe-30d5f6.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261030~08d9d540f0.en.html</guid><pubDate>Fri, 30 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>ECB chief economist Philip R. Lane sets out in San Francisco how artificial intelligence is reshaping the euro area economy. Spending on AI adoption and European firms&#x27; role in the global supply chain are already supporting growth and credit, although the process is at an early stage and its transformative potential remains highly uncertain.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261030~08d9d540f0.en.html">ECB</source></item><item><title>ECB selects network service providers for the digital euro</title><link>https://neuralherald.com/en/n/2026-10-30-ecb-selects-network-service-providers-for-the-digital-euro-0c6e4c.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews261030.en.html</guid><pubDate>Fri, 30 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Press releases</category><description>The ECB has awarded the connectivity services that will link payment service providers and national central banks to the digital euro service platform to two consortia. The contracts first cover the pilot and would be ready for a potential issuance from 2029.</description><source url="https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews261030.en.html">ECB</source></item><item><title>Main findings from the ECB’s recent contacts with non-financial companies</title><link>https://neuralherald.com/en/n/2026-10-30-main-findings-from-the-ecb-s-recent-contacts-with-non-financial-compan-459049.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_04~26727550fe.en.html</guid><pubDate>Fri, 30 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><description>Economic Bulletin box summarising the ECB&#x27;s exchanges with 64 leading non-financial companies between late September and early October. They point to moderate and steady growth, driven by AI, electrification and defence, with stronger price increases in the third quarter and a milder slowdown in wage growth than previously expected.</description><source url="https://www.ecb.europa.eu/press/economic-bulletin/focus/2026/html/ecb.ebbox202607_04~26727550fe.en.html">ECB</source></item><item><title>Pedro Machado: Interview with Bloomberg</title><link>https://neuralherald.com/en/n/2026-10-30-pedro-machado-interview-with-bloomberg-7e8146.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/interviews/date/2026/html/ssm.in261030~21a824d8f2.en.html</guid><pubDate>Fri, 30 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Pedro Machado, Member of the ECB Supervisory Board, supports reviving securitisation provided there is significant risk transfer, but criticises the political agreement giving insurers a bigger role in unfunded protection for STS synthetic securitisations. He also addresses data centre financing, AI adoption in banking and the integration of the banking market.</description><source url="https://www.bankingsupervision.europa.eu/press/interviews/date/2026/html/ssm.in261030~21a824d8f2.en.html">ECB</source></item><item><title>Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)</title><link>https://neuralherald.com/en/n/2026-10-30-decisions-taken-by-the-governing-council-of-the-ecb-in-addition-to-dec-bf42b3.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/govcdec/otherdec/2026/html/ecb.gc261030~e40f864093.en.html</guid><pubDate>Fri, 30 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Rules</category><description>Monthly list of the Governing Council&#x27;s non-monetary policy decisions for October. It covers Lagarde&#x27;s announced departure, the onboarding of the Riksbank to T2, three legislative opinions and changes to the Eurosystem accounting framework.</description><source url="https://www.ecb.europa.eu/press/govcdec/otherdec/2026/html/ecb.gc261030~e40f864093.en.html">ECB</source></item><item><title>Piero Cipollone: Next-day securities settlement, tokenisation and the transformation of Europe’s financial infrastructure</title><link>https://neuralherald.com/en/n/2026-10-29-piero-cipollone-next-day-securities-settlement-tokenisation-and-the-tr-f77ad2.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261029~e9b57c3495.en.html</guid><pubDate>Thu, 29 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Piero Cipollone, Member of the ECB Executive Board, notes that Europe will move to T+1 securities settlement on 11 October 2027 and presents it as a catalyst for modernising post-trade. He reviews the Eurosystem&#x27;s tokenisation roadmap and stresses that T2S will continue to coexist with the new infrastructures.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261029~e9b57c3495.en.html">ECB</source></item><item><title>Monetary policy statement (with Q&amp;A)</title><link>https://neuralherald.com/en/n/2026-10-29-monetary-policy-statement-with-q-a-aebdb2.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2026/html/ecb.is261029~5c5ffe99e5.en.html</guid><pubDate>Thu, 29 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Rules</category><description>Lagarde explains the decision to keep rates on hold, taken unanimously after a debate on a hike, against a backdrop of rising inflation from the energy shock. She warns that, barring significant developments in the data, the direction of travel is clear ahead of December, and confirms she will step down after the February meeting.</description><source url="https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2026/html/ecb.is261029~5c5ffe99e5.en.html">ECB</source></item><item><title>Monetary policy decisions</title><link>https://neuralherald.com/en/n/2026-10-29-monetary-policy-decisions-99842f.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.mp261029~9a493adf17.en.html</guid><pubDate>Thu, 29 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Rules</category><description>The ECB Governing Council keeps the three key interest rates unchanged, with the deposit facility rate at 2.50%. It warns that the greater magnitude and duration of the energy shock are likely to drive up inflation and lower growth, and does not pre-commit to any rate path.</description><source url="https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.mp261029~9a493adf17.en.html">ECB</source></item><item><title>ECB President Lagarde to step down on 7 February 2027</title><link>https://neuralherald.com/en/n/2026-10-29-ecb-president-lagarde-to-step-down-on-7-february-2027-56f135.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.pr261029~abbb6dc64b.en.html</guid><pubDate>Thu, 29 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Press releases</category><description>Christine Lagarde has informed the Governing Council and European Council President António Costa that she will step down as ECB President on 7 February 2027. Her successor will be appointed by the European Council under the procedure in Article 283 of the Treaty on the Functioning of the EU.</description><source url="https://www.ecb.europa.eu/press/pr/date/2026/html/ecb.pr261029~abbb6dc64b.en.html">ECB</source></item><item><title>Eurosystem report on the public consultation on the Appia Roadmap</title><link>https://neuralherald.com/en/n/2026-10-28-eurosystem-report-on-the-public-consultation-on-the-appia-roadmap-89bd72.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/payments-news/ecb.pubconpm202608.en.pdf</guid><pubDate>Wed, 28 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Press releases</category><description>The Eurosystem publishes the findings of the consultation on Appia, its project for a European tokenised finance ecosystem anchored in central bank money. The 127 responses broadly support the roadmap and a public-private partnership model, although there is no consensus on the architecture.</description><source url="https://www.ecb.europa.eu/press/payments-news/ecb.pubconpm202608.en.pdf">ECB</source></item><item><title>Strong stakeholder support for Appia roadmap paves way for further market engagement</title><link>https://neuralherald.com/en/n/2026-10-28-strong-stakeholder-support-for-appia-roadmap-paves-way-for-further-mar-19cf5c.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews261028.en.html</guid><pubDate>Wed, 28 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Press releases</category><description>The ECB reports that the public consultation on Appia, with 127 responses, supports a European tokenised finance ecosystem with central bank money at its core, developed through public-private cooperation. No decision has yet been taken on the architecture, and market participants will be invited to dedicated workstreams.</description><source url="https://www.ecb.europa.eu/press/intro/news/html/ecb.mipnews261028.en.html">ECB</source></item><item><title>Frank Elderson: Taking action for nature – investing in economic resilience and prosperity</title><link>https://neuralherald.com/en/n/2026-10-26-frank-elderson-taking-action-for-nature-investing-in-economic-resilien-4f021d.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261026~d903d7ad85.en.html</guid><pubDate>Mon, 26 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Frank Elderson, Member of the Executive Board and Vice-Chair of the Supervisory Board of the ECB, argues at COP17 that protecting and restoring nature is an investment in economic resilience, not spending. He stresses that ecosystem degradation is already hitting firms, bank balance sheets and prices, and therefore the ECB&#x27;s mandate.</description><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261026~d903d7ad85.en.html">ECB</source></item><item><title>Frank Elderson: Taking action for nature – investing in economic resilience and prosperity</title><link>https://neuralherald.com/en/n/2026-10-26-frank-elderson-taking-action-for-nature-investing-in-economic-resilien-9b4391.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261026~c0106e3649.en.html</guid><pubDate>Mon, 26 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Banking Supervision website version of Frank Elderson&#x27;s COP17 speech: protecting nature is an investment in resilience and prosperity. He notes that the ECB requires banks to identify and manage nature-related risks and that these already feature in its monetary policy assessment.</description><source url="https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261026~c0106e3649.en.html">ECB</source></item><item><title>Piero Cipollone: Interview with Milano Finanza</title><link>https://neuralherald.com/en/n/2026-10-24-piero-cipollone-interview-with-milano-finanza-7b3c4c.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261024~ee2ba73cf3.en.html</guid><pubDate>Sat, 24 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><description>Piero Cipollone, Member of the ECB Executive Board, presents the digital euro as a European alternative to non-European card schemes, which handle two-thirds of online payments. He says the pilot will start in 2027 and that, if the regulation is adopted this year, issuance could come in 2029.</description><source url="https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261024~ee2ba73cf3.en.html">ECB</source></item><item><title>Patrick Montagner: Stress testing in a changing risk environment</title><link>https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261023~32ca63a9d1.en.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261023~32ca63a9d1.en.html</guid><pubDate>Fri, 23 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261023~32ca63a9d1.en.html">ECB</source></item><item><title>Resilience of the euro area economy – weathering one shock, preparing for the next</title><link>https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261021~1c5ec8f223.en.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261021~1c5ec8f223.en.html</guid><pubDate>Wed, 21 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><source url="https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261021~1c5ec8f223.en.html">ECB</source></item><item><title>Piero Cipollone: Pontes and Appia: unlocking opportunities for banks</title><link>https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261021_1~d190f2c349.en.pdf</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261021_1~d190f2c349.en.pdf</guid><pubDate>Wed, 21 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261021_1~d190f2c349.en.pdf">ECB</source></item><item><title>Philip R. Lane: Euro liquidity lines and the international monetary system</title><link>https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261021~401d6c4b70.en.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261021~401d6c4b70.en.html</guid><pubDate>Wed, 21 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261021~401d6c4b70.en.html">ECB</source></item><item><title>Has food inflation lost its bite?</title><link>https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261020~b21516b402.en.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261020~b21516b402.en.html</guid><pubDate>Tue, 20 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><source url="https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261020~b21516b402.en.html">ECB</source></item><item><title>Frank Elderson: Interview with Die Presse</title><link>https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261020~97e2e4bc38.en.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261020~97e2e4bc38.en.html</guid><pubDate>Tue, 20 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.ecb.europa.eu/press/inter/date/2026/html/ecb.in261020~97e2e4bc38.en.html">ECB</source></item><item><title>Frank Elderson: Interview with Die Presse</title><link>https://www.bankingsupervision.europa.eu/press/interviews/date/2026/html/ssm.in261020~41cc1155bb.en.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/interviews/date/2026/html/ssm.in261020~41cc1155bb.en.html</guid><pubDate>Tue, 20 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.bankingsupervision.europa.eu/press/interviews/date/2026/html/ssm.in261020~41cc1155bb.en.html">ECB</source></item><item><title>Regulatory incentives and the structure of euro area money markets</title><link>https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op401.en.pdf</link><guid isPermaLink="false">https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op401.en.pdf</guid><pubDate>Mon, 19 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Reports</category><source url="https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op401.en.pdf">ECB</source></item><item><title>A Nobel Prize for microeconomic foundations of macroeconomic stabilisation</title><link>https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261019~b833d15fce.en.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261019~b833d15fce.en.html</guid><pubDate>Mon, 19 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Articles</category><source url="https://www.ecb.europa.eu/press/blog/date/2026/html/ecb.blog20261019~b833d15fce.en.html">ECB</source></item><item><title>Frank Elderson: From climate and nature risks to economic resilience and competitiveness</title><link>https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261019~f0a3e053de.en.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261019~f0a3e053de.en.html</guid><pubDate>Mon, 19 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261019~f0a3e053de.en.html">ECB</source></item><item><title>Frank Elderson: From climate and nature risks to economic resilience and competitiveness</title><link>https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261019~1a96adc133.en.html</link><guid isPermaLink="false">https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261019~1a96adc133.en.html</guid><pubDate>Mon, 19 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.bankingsupervision.europa.eu/press/speeches/date/2026/html/ssm.sp261019~1a96adc133.en.html">ECB</source></item><item><title>Christine Lagarde: IMFC Statement</title><link>https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261017~7015ea3099.en.html</link><guid isPermaLink="false">https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261017~7015ea3099.en.html</guid><pubDate>Sat, 17 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Speeches</category><source url="https://www.ecb.europa.eu/press/key/date/2026/html/ecb.sp261017~7015ea3099.en.html">ECB</source></item><item><title>MoU on information sharing in support of non-bank payment service providers access to central bank operated payment systems</title><link>https://www.ecb.europa.eu/pub/pdf/other/ecb.2026-10-16_MoU.en.pdf</link><guid isPermaLink="false">https://www.ecb.europa.eu/pub/pdf/other/ecb.2026-10-16_MoU.en.pdf</guid><pubDate>Fri, 16 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Other</category><source url="https://www.ecb.europa.eu/pub/pdf/other/ecb.2026-10-16_MoU.en.pdf">ECB</source></item><item><title>ESCB SSM Shared Values Charter 2026</title><link>https://www.ecb.europa.eu/pub/pdf/other/ESCB-SSM-Shared-Values-Charter-2026.en.pdf</link><guid isPermaLink="false">https://www.ecb.europa.eu/pub/pdf/other/ESCB-SSM-Shared-Values-Charter-2026.en.pdf</guid><pubDate>Thu, 15 Oct 2026 08:00:00 -0000</pubDate><category>ECB</category><category>Other</category><source url="https://www.ecb.europa.eu/pub/pdf/other/ESCB-SSM-Shared-Values-Charter-2026.en.pdf">ECB</source></item></channel></rss>
