The ECB’s Critics Are Misreading the Rate Rise

12/06/2026
The eurozone economy is slowing, but inflation forecasts and market conditions still justify tighter policy
Number: 446
Year: 2026
Author(s): Lorenzo Bini Smaghi

A commentary by Lorenzo Bini Smaghi

ecb bini smaghi

IEP@BU does not express opinions of its own. The opinions expressed in this publication are those of the authors. Any errors or omissions are the responsibility of the authors.

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Lorenzo Bini Smaghi

Lorenzo Bini Smaghi

Non-resident Fellow
Lorenzo Bini Smaghi holds a degree in Economic Sciences from the Université Catholique de Louvain (Belgium) and a Ph.D in Economic Sciences from the University of Chicago. He began his career in 1983 as an economist in the Research Department of the ...