ECB's Kocher Sees Europe's Economy Gaining Momentum

European Central Bank Governing Council member Martin Kocher observed that the European economy is gaining momentum. Speaking at the Fed's annual economic symposium in Jackson Hole, Wyoming, on August 28th, 2026, he stated that 'the European economy is more resilient than many people think, it is showing some momentum now, more momentum.'

Kocher discussed his takeaways from Federal Reserve Chairman Kevin Warsh's speech. However, he also expressed the need to watch for potential signs of second-round effects in inflation over the coming months.