As Chief Economist and member of the Executive Board for the European Central Bank, the research and views of the ECB Chief Economist have significant influence in determining the future of European Union monetary policy. As a member of the Executive Board, he or she takes part in implementing monetary policy for the EU and managing day to day operations for the ECB.

The Chief Economist's speech is an opportunity to better understand what his or her goals are in managing the ECB, changes in the bank's policies, and what stance he or she may take on controversial economic issues. For example, if a speech stated that the ECB were concerned about inflationary pressures, market would pay close attention to early inflationary indicators and look forward to likely rate hikes to come.

Relevance: Tends to move markets on release
Release Schedule : No set time for speeches
Source of Report : European Central Bank
Web Address : http://www.ecb.int/home/html/index.en.html
Address of Release : http://www.ecb.int/press/key/date/previous/html/index.en.html