- I would focus on 2026, 2027 inflation projections
- Downside risks to inflation are better known but we shouldn’t discount upside
Same old from Kazaks as he keeps his neutral stance. The ECB members have repeated many times that they won’t respond to small or short-term deviations from their 2% target, so we are all in a wait-and-see mode.
This article was written by Giuseppe Dellamotta at investinglive.com.