ECB's Centeno: The message is one of confidence in the disinflation process

But we are also maintaining some prudenceOur forecasts point to no inflation slowdown in June through to AugustWe are sensitive to some hiccups in the disinflation processThe point on June to August being no slowdown in price pressures is in other words a mask that they will stay on hold until September at the earliest. Once again, this effectively rules out a move in July. This article was written by Justin Low at www.forexlive.com.

Jun 7, 2024 - 18:25
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ECB's Centeno: The message is one of confidence in the disinflation process
  • But we are also maintaining some prudence
  • Our forecasts point to no inflation slowdown in June through to August
  • We are sensitive to some hiccups in the disinflation process

The point on June to August being no slowdown in price pressures is in other words a mask that they will stay on hold until September at the earliest. Once again, this effectively rules out a move in July.

This article was written by Justin Low at www.forexlive.com.
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