BIS SPEECHEScentral bank
Piero Cipollone: The foundations of national sovereignty - the role of central bank money
Hawkish Score0Neutral
Trailing 5 speeches
Speaker DriftPiero Cipollone · 5 speeches in 12motrend: shifting dovish
−100neutral band ±25+100
What changed vs prior statement
- 01No material change in policy stance vs prior statement.
- 02Language essentially preserved across key themes of monetary evolution and sovereignty.
- 03No vote-record change.
From the original
Speech by Mr Piero Cipollone, Member of the Executive Board of the European Central Bank, at the conference "80 years of the Italian Republic", hosted by Sapienza University, Rome, 19 June 2026.