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European Central Bank

Governing CouncilON HOLD
Rate
2.25%
Target
2.0% HICP symmetric
Hawk/Dove
+0.296
Decision
consensus
Votes
Not published

Hawk/Dove Stance

DovishNeutralHawkish
Zoom:

Hawk/Dove History

Policy Rate × Hawk/Dove Overlay

Policy Rate (LHS)Hawk/Dove (RHS)

Recent Speeches

Boris Vujčić — Christine Lagarde, Boris Vujčić: Monetary policy statement (with Q&A)
2026-07-23
+0.30
Piero Cipollone — Piero Cipollone: Interview with Ouest-France
2026-07-15
+0.40
Philip Lane — Philip R. Lane: AI and monetary policy
2026-07-06
+0.05
Frank Elderson — Frank Elderson: The green transition – benefits and barriers
2026-07-02
+0.10
Christine Lagarde — Christine Lagarde: Interview with Les Échos
2026-07-02
+0.45
Martin Kocher — Martin Kocher: Concluding remarks -"Monetary policy trade-offs in a heterogeneou...
2026-06-30
-0.05
Martin Kocher — Martin Kocher: United in diversity, constrained by heterogeneity?
2026-06-30
+0.05
Philip Lane — Philip R Lane: Introductory remarks
2026-06-30
+0.35

Governing Council — Hawk/Dove Scorecard

Full scorecard →

Consensus-based — Scored from NLP-analysed speeches. Click any member for charts.

Christine Lagarde
President
+0.13
GovernorVoter222 speeches
Boris Vujčić
Vice-President
+0.04
DeputyVoter10 speeches
Frank Elderson
Executive Board Member
+0.04
InternalVoter83 speeches
Isabel Schnabel
Executive Board Member
+0.24
InternalVoter77 speeches
Philip Lane
Chief Economist, Executive Board
+0.02
InternalVoter136 speeches
Piero Cipollone
Executive Board Member
+0.07
InternalVoter61 speeches
Alexander Demarco
Governor, Central Bank of Malta
-0.04
governorVoter6 speeches
Álvaro Santos Pereira
Governor, Banco de Portugal
0.00
governorVoter1 speeches
Ante Žigman
Governor, Croatian National Bank
No speeches
governorVoter
Christodoulos Patsalides
Governor, Central Bank of Cyprus
+0.09
governorVoter8 speeches
Dimitar Radev
Governor, Bulgarian National Bank
No speeches
governorVoter
Emmanuel Moulin
Governor, Banque de France
0.00
governorVoter1 speeches
Fabio Panetta
Governor, Banca d'Italia
-0.01
governorVoter117 speeches
Gabriel Makhlouf
Governor, Central Bank of Ireland
-0.01
governorVoter103 speeches
Gaston Reinesch
Governor, Banque centrale du Luxembourg
+0.11
governorVoter5 speeches
Gediminas Šimkus
Chairman, Bank of Lithuania
+0.29
governorVoter7 speeches
Joachim Nagel
President, Deutsche Bundesbank (Germany)
+0.07
governorVoter115 speeches
José Luis Escrivá
Governor, Banco de España
+0.00
governorVoter12 speeches
Martin Kocher
Governor, Oesterreichische Nationalbank (Austria)
-0.02
governorVoter4 speeches
Mārtiņš Kazāks
Governor, Latvijas Banka
+0.04
governorVoter7 speeches
Olaf Sleijpen
President, De Nederlandsche Bank
+0.04
governorVoter25 speeches
Olli Rehn
Governor, Bank of Finland
-0.03
governorVoter83 speeches
Peter Kažimír
Governor, National Bank of Slovakia
+0.08
governorVoter7 speeches
Pierre Wunsch
Governor, National Bank of Belgium
+0.02
governorVoter6 speeches
Primož Dolenc
Governor, Banka Slovenije
0.00
governorVoter6 speeches
Ülo Kaasik
Governor, Eesti Pank (Estonia)
No speeches
governorVoter
Yannis Stournaras
Governor, Bank of Greece
-0.01
governorVoter100 speeches

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