- We are data dependent
- We have reached a level where rates will help to tame inflation
These are just some token remarks as he is just reaffirming that the ECB pausing is a step in the right direction in the inflation battle. Right now, it’s really about how long they can afford to hold rates as they are considering the state of the economy and its future trajectory.
This article was written by Justin Low at www.forexlive.com. Source