- I’m comfortable with the path for inflation in the next months
- The risk that inflation will undershoot is limited
- I don’t see any de-anchoring of inflation expectations
- Services and wage inflation are progressing positively
- I’m slightly more positive on growth
- Risks are balanced
There’s nothing new here as the ECB member continue to repeat the same stuff over and over again. The central bank is comfortably on the sidelines and will not respond to small or short-term deviations from their 2% target.
This article was written by Giuseppe Dellamotta at investinglive.com.