- If June evaluation confirms inflation convergence in the direction of goal, we may lower charges
- This assumes there shall be no additional setbacks, as an illustration in geopolitics and vitality costs
- Future charge choices will be sure that coverage stays sufficiently restrictive for so long as vital
This retains the ECB on observe for a charge lower in June, with subsequent month’s wages knowledge for Q1 set to solidify that outlook.
This text was written by Justin Low at www.forexlive.com.