Former ECB VP says 'no need for more hikes'

  • Vitor Constâncio says no need to hike again
Constancio - Negative inflation is on the way

Former ECB VP Vitor Constâncio today highlighted the latest survey for processional forecasters and highlighted that it showed Q4 inflation around 3% and 2% in 2024.

"No need for more hikes," he wrote.

Eurozone professional forecasters

Lately he has been noting signs of an economic slowdown, including falling lending and declining economic sentiment.

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