2026-03-11 07:22:00
- The ECB is still in good place
- We will be ready to act if needed
- There’s no reason to act at the next meeting
- I have no reservations to hike without new forecasts
- Upside inflation risks clearly dominate
- A rate hike on Iran may be closer than thought
The euro caught a bid on that last comment as rate hike bets increased. He’s usually erring on the hawkish side, so this is not really a surprise.
None of his colleagues brought up the idea of raising rates earlier than expected; in fact, the majority has been stressing patience, as a premature rate adjustment could be a mistake.
This article was written by Giuseppe Dellamotta at investinglive.com.
