ECB’s Dolenc: Risks Skewed To The Upside On Oil, Gas, Food, Strong Growth
Persistently Elevated Inflation Supports The Case For Moving Policy Rates Towards A More Restrictive Territory - More Stable Core Provides Some Reassurance That Broader Price Pressures Contained - On Rising Yields, Spreads: Monetary Policy Is Transmitted More Or Less Homogeneously Into Broader Financial Conditions - Timing And Size Of Any Move Will Be Determined Meeting By Meeting Conditions
Persistently Elevated Inflation Supports The Case For Moving Policy Rates Towards A More Restrictive Territory - More Stable Core Provides Some Reassurance That Broader Price Pressures Contained - On Rising Yields, Spreads: Monetary Policy Is Transmitted More Or Less Homogeneously Into Broader Financial Conditions - Timing And Size Of Any Move Will Be Determined Meeting By Meeting Conditions