ECB hawks not happy about extending PEPP reinvestments to 2024 and not setting end date

  • ECB sources report

Lagarde hinted that there wasn't unanimity today and now we are getting the usual ECB sources report highlighting the disagreements with the hawks.

  • Policymakers disagreed on inflation outlook and some stressed upside risks to new forecasts

Here's a hint on one of the upside risks:

European power prices
European power prices

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