Former ECB VP says ‘no need for more hikes’

Former ECB VP Vitor Constâncio today highlighted the latest survey for processional forecasters and highlighted that it showed Q4 inflation around 3% and 2% in 2024.

“No need for more hikes,” he wrote.

Lately he has been noting signs of an economic slowdown, including falling lending and declining economic sentiment.

This article was written by Adam Button at www.forexlive.com. Source