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ECB's Lagarde: No clear evidence that underlying inflation has peaked
Price pressures remain strongUnderlying inflationary pressures remain highWages pressures have strengthened furtherDecisions will continue to be based on incoming dataOur rate hikes are being transmitted forcefully to financing conditionsFull effects of our monetary policy measures are starting to materializeEffects of our policy can be expected to strengthen in coming yearsThere's an 88% chance of a hike priced in for the June 15 meeting and I don't see any reason to fade that...
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Posted: Jun 5 2023, 13:12
Author Name: forexlive
Views: 081386