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Philip R. Lane: Diversity at the European Central Bank


This brief is awaiting verified editorial copy.

Summary: The European Central Bank has begun preparatory work to invest a portion of its non-monetary policy portfolio in tokenised securities, settling transactions through the new Pontes infrastructure.

Summary: ECB survey data show a modest easing in near-term inflation expectations alongside a broadly stable labour-market outlook.

Summary: The European Central Bank published consolidated banking data for the second quarter of 2026, covering 336 groups and nearly 100% of the sector's balance sheet.