ECB’s Knot: Rate hikes beyond July possible but not certain

  • It loos like core inflation has plateaued
  • We need to hike rates in July
  • Optimistic to see inflation reaching 2% in 2024
  • There is still lots of data due between now and September

Knot is a perennial hawk but he’s not really pushing the issue on September just yet. I would argue more so out of respect to the decorum and agreement that the ECB has not to say anything before the July decision is made.

This article was written by Justin Low at Source