ECB’s de Guindos: Wages pose upside risk to inflation outlook | Forexlive

  • Fiscal policy is an important factor for inflation outlook
  • Governments should roll back related support measures as energy crisis fades
  • Banking tensions add to downside inflation risks

A little bit of this and a little bit of that. But the message remains that the ECB is still most likely to hike rates further in June and perhaps July. What comes after that remains a question mark as it would heavily depend on economic developments in the months ahead.

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