ECB’s Wunsch: Maybe we’ve reached the peak in interest rates

  • If inflation meets forecast, then no more rate hikes are needed
  • Backs reopening discussion on PEPP timetable
  • We have to live with current uncertainty
  • Oil prices are an upside risk to inflation

This just conforms to market expectations that they are already done with rate hikes. As for the PEPP topic, it’s not quite unanimous it would seem but they are careful about their choice of wording – mainly mentioning that it is something that they would like to discuss first.

This article was written by Justin Low at www.forexlive.com. Source