- Underlying inflation is now easing
- Inflation seems to be turning a corner
- Current interest rate level – if maintained for sufficiently long – is broadly consistent with achieving the target
- Too early to talk about Ray cuts
- Would be cautious about discontinuing PEPP reinvestment
- Selling bonds is not something the ECB is currently considering in the future
This article was written by Greg Michalowski at www.forexlive.com. Source