ECB's Wunsch tells Econostream that the case for further tightening is receding and any surprise in EZ inflation before the July meeting is more likely to be on the downside,
Newsquawk Staff ·
- Would need stronger second-round effects to justify further tightening.
- One hike could suffice if shock fades before significant second-round effects.
- More than one hike to depend on more persistence and stronger second-round effects.
Sources
- ECB's Kazaks says that some more policy tightening might be necessary if inflation continues to reside above target; recent rise in yields has already tightened financing conditions, Econostream reports
- [MARKET ANALYSIS] DXY holds steady; AUD benefits after hawkish commentary from RBA's Hauser, whilst GBP digests UK CPI
- ECB's Nagel says Europe must deepen its banking and capital markets integration, Econostream reports
- Newsquawk Daily European Opening News - 21st October 2026
- ECB's Lane says greater global euro use may help the ECB control prices
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