European Central Bank policymakers continued to assess that there was a case for maintaining ample stimulus and stressed that measures that were put in place in December should be given time to take full effect, the minutes of the latest policy meeting showed Thursday.
"Members agreed that ample monetary stimulus remained essential to preserve favorable financing conditions over the pandemic period," the minutes of the meeting, which the ECB calls 'account', said.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.