ECB's de Guindos says the ECB is at inflation target, but uncertainty remains very high

ECB's de Guindos says the ECB is at inflation target, but uncertainty remains very high.

ECB Vice President de Guindos affirming the central bank is at its inflation target indicates a potential pause in tightening, but the emphasis on high uncertainty suggests that future policy decisions remain precarious. This mixed message might lead to cautious positioning in fixed income markets, as traders weigh the likelihood of future rate adjustments depending on evolving economic conditions.