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ECO of the Week: ECB Race, Inflation and Web Summit

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/11/2026, 17:26:25 UTC.

Briefings

The ECO article reports on the Eurogroup's selection of Pablo Hernandez de Cos or Klaas Knot to succeed Christine Lagarde at the European Central Bank, alongside inflation data from the US and UK. It also covers the COP31 climate summit in Antalya and the 11th Web Summit in Lisbon, highlighting China's presence and AI discussions. Key dates include the Eurogroup meeting on November 9, the US inflation report on November 10, and the COP31 launch on November 9.

Key points

• The Eurogroup selected two candidates for the next ECB president: Pablo Hernandez de Cos from Spain and Klaas Knot from the Netherlands, with the decision expected by November 17.
• US inflation data for October showed a 3.8% increase, the highest since May 2023, while the UK's Bank of England raised interest rates by over three years.

Context

This briefing covers the Eurogroup's succession race, US inflation data, UK interest rate hikes, and the COP31 climate summit in Antalya, Turkey, alongside the 11th Web Summit in Lisbon, Portugal, focusing on AI and technology trends.

Limitations

The article provides limited background on the Eurogroup's agenda beyond the succession race and inflation data. It does not specify the exact date of the COP31 summit in Antalya or confirm the final winner for the ECB presidency.

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