BIS SPEECHEScentral bank
Monetary policy in a world of overlapping shocks
Hawkish Score+50Hawkish
Trailing 4 speeches
Speaker DriftIsabel Schnabel · 4 speeches in 12motrend: shifting hawkish
−100neutral band ±25+100
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across key discussions on monetary policy implications.
- 03No vote-record change.
From the original
Speech by Ms Isabel Schnabel, Member of the Executive Board of the European Central Bank, at the 8th Capital Markets Seminar, co-hosted by the European Commission, European Investment Bank and the European Stability Mechanism, Luxembourg, 30 September 2026.