ECB Sleijpen: Wouldn't Exclude Possibility Of September Hike Even Without Second-Round Effects - Econostream
Second-Round Effects Important, But "Will Assess The Entire Inflation Outlook" No Evidence Of Second-Round Effects Yet Markets Understand Our Reaction Function And Our Decision Triggers "From A Cyclical Perspective, The Economy Has Held Up Reasonably Well" Neutral Rate Estimates Not A Decisive Factor In Setting Policy Conditions "Again More Consistent With The Baseline"
Second-Round Effects Important, But "Will Assess The Entire Inflation Outlook" No Evidence Of Second-Round Effects Yet Markets Understand Our Reaction Function And Our Decision Triggers "From A Cyclical Perspective, The Economy Has Held Up Reasonably Well" Neutral Rate Estimates Not A Decisive Factor In Setting Policy Conditions "Again More Consistent With The Baseline"