ECB’s Vujčić: Core inflation pressures remain in the euro area

  • Sometimes a soft landing is not possible
  • Have to consider risks of doing too much versus doing too little

By his words, they are taking the view that it is more important to counter inflation pressures than to provide a cushion for the economy. That speaks to added conviction to hike further next month and perhaps even in September.

This article was written by Justin Low at Source