ECB's Wunsch: Could hike again in September unless core inflation drops substantially

  • Remarks by ECB policymaker, Pierre Wunsch
  • Core inflation holding around 5% could require rate hike in September, possibly beyond
  • Not yet seeing beginning of slowdown in core inflation

That's a better take as he even goes as far as to attach a figure for what may be a trigger. It's all down to the data now to confirm if there will be any further rate hikes beyond the summer for the ECB then.

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