- There remains a high level of uncertainty on the inflation outlook
- We should not rush into anything on the path to monetary policy normalisation
- No issues with discussing a bigger rate cut in December, “that’s part of it”
From a German standpoint, you can understand the angle he is trying to work with his comments above. His concerns are also perhaps a warning hint with Trump tariffs set to come into the picture soon enough.
This article was written by Justin Low at www.forexlive.com. Source