ECB’s Kazimir: Further policy tightening in September is not certain

  • For me, we would need to have core inflation under control to stop tightening
  • We need more data ahead of September decision

This is consistent with the current thinking by the ECB, in that they are leaving the door open for September if need be. However, they are not going to pre-commit to a move just yet.

This article was written by Justin Low at Source