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LearningECB Minutes: A number of members initially expressed a preference for increasing the key ECB interest rates by 50 basis points in view of the risks to the inflation outlook
ECB's Kazaks says market bets on peak ECB rate maybe not far off the mark. Markets are currently honing in around two more 25bp hikes in June and July and then done. Thus it's noteworthy that Kazaks, one of the hawkish members at the ECB, is not giving much credence to a September hike at this stageECB's Lagarde says today inflation is too high and is set to remain so for too long; we will keep moving forward – determined and undeterred – until we see inflation returning to our 2% medium-term target in a timely manner.

Darren Krett

Thursday 1 June 2023

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ECB's Lagarde says today inflation is too high and is set to remain so for too long; we will keep moving forward – determined and undeterred – until we see inflation returning to our 2% medium-term target in a timely manner. facebookECB's Lagarde says today inflation is too high and is set to remain so for too long; we will keep moving forward – determined and undeterred – until we see inflation returning to our 2% medium-term target in a timely manner. twitterECB's Lagarde says today inflation is too high and is set to remain so for too long; we will keep moving forward – determined and undeterred – until we see inflation returning to our 2% medium-term target in a timely manner. linkedin

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ECB Minutes: A number of members initially expressed a preference for increasing the key ECB interest rates by 50 basis points in view of the risks to the inflation outlook

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