ECB's Villeroy: We aren’t on a pre-set course on charges

• There’s a believable consensus that we’ll act at every assembly
• Amongst main central banks, ECB has the only course
• Our view on inflation is sort of assured
• Staying vigilant however not nervous about inflation
• Progress in direction of victory in opposition to inflation is on observe
• If we’re decisive in regards to the tempo of price cuts, we do not want bigger ones
• However wouldn’t rule out bigger price cuts sooner or later

He’s simply delivering a reminder to markets that the ECB shall be chopping charges subsequent week and in all probability, one other one after in March on the very least.

This text was written by Justin Low at www.ubaidahsan.com.



Source link