ECB's Kazimir says it is increasingly evident that monetary policy has more work to do, not comfortable with outlook for core inflation above 2% even with more tightening
Important
SourceNewsquawk
SectionECB
- Even with the US-Iran peace framework, damage in the Middle East cannot be undone overnight.
- Leaning towards frontloading work that needs to be done, but need to be agile and responsive to incoming information.