What happened
European Central Bank Governing Council member Stournaras said the ECB can reduce the risk of pain from future large interest rate hikes by taking measures in a timely manner.
The remarks were reported by Jinshi Data Express and carried by East Money Information.
Why it matters
The comment frames the timing of policy moves as a way to limit the eventual cost of tightening, suggesting a preference for acting early rather than being forced into sharper adjustments later.
As a Governing Council member's view, it offers a signal about how at least one policymaker weighs the trade-off between waiting and moving ahead of future rate decisions.
Key facts
Stournaras is a member of the ECB Governing Council.
He said timely ECB measures can reduce the risk of pain from future large rate hikes.
The source is Jinshi Data Express, published via East Money Information on 2026-09-14.
What to watch next
Whether other ECB policymakers echo or push back on the emphasis on acting in a timely manner.
How the timing argument translates into actual rate decisions in the period ahead.