Greg had the salient points from European Central Bank Governing Council members, Bundesbank President Joachim Nagel and Bank of Spain head De Cos here:
Check that link out, but, in brief:
Nagel:
- said there is still a long way to go on rate hikes
- inflation is persistent
- the ECB must be more stubborn than stubborn inflation
de Cos:
- Bond portfolio reduction should begin at the beginning of next year
