The ECB is honed in on the fight against inflation - as per their mandate - but with the economy on the rocks, it will be a real test of their resolve to see if they can stick with the supposed "progressive monetary policy normalisation". The euro's fate depends on it.
ECB's Villeroy: Inflation figures in May confirm need for progressive policy normalisation
- Remarks by ECB policymaker, Francois Villeroy de Galhau
