The European Central Bank has published the questionnaire for its September 2026 Survey of Monetary Analysts, seeking expectations for policy rates, market conditions, the Eurosystem balance sheet and the euro area macroeconomic outlook. The document solicits forecasts rather than reporting survey results. The questionnaire covers expected changes in the deposit facility rate at the September and October 2026 Governing Council meetings, longer-term policy and market rates, asset purchase programme and pandemic emergency purchase programme holdings, possible activation of the Transmission Protection Instrument, and refinancing operations. It also requests projections for growth, unemployment and inflation through 2029 and over the long run, alongside assessments of the output gap and risks to the growth and inflation outlook.
2026-08-24European Central Bank
European Central Bank publishes September 2026 monetary analyst survey questionnaire on rates, balance sheet and euro area outlook
The European Central Bank has published the questionnaire for its September 2026 Survey of Monetary Analysts. It seeks expectations for policy and market rates, the Eurosystem balance sheet, refinancing operations, growth and inflation, but does not report survey results.