- Open to acting forcefully to get inflation down to our target
- The discussion of rate cuts is one that is "going too far"
- ECB will hike to a point and then see rates plateau
- Even though inflation is coming down, it is still way above 2% target
- Full remarks (may be gated)
There's nothing in it that we don't already know. As mentioned earlier, a March 50 bps rate hike is a done deal for the ECB. What comes next though, will depend on the data in the next two months.
