ECB President Lagarde (Q&A) says cannot say whether services inflation increase is attributable only to direct or also to indirect effects

Analyst Core PCE Forecasts: Pantheon Macroeconomics estimate the core PCE deflator increased by 0.38% in May, lifting the inflation rate to 3.4%, from 3.3% in April

ECB President Lagarde (Q&A) says that they are confident that they are not currently seeing second-round effects, when asked if elevated services inflation was evidence of 2nd round effects

ECB President Lagarde (Q&A) says cannot say whether services inflation increase is attributable only to direct or also to indirect effects

ECB President Lagarde (Q&A) reiterates that, given that the level of uncertainty, policy will be set on a data-dependent, meeting-by-meeting basis, with no pre-commitments

ECB President Lagarde (Q&A) says decision was unanimous to raise rates