Upcoming EU inflation data could bring July ECB rate hike back onto the table - financial press
Current rhetoric believes no urgency for ECB to act as oil prices ease Recent comments: - On Jun 29th ECB Chief Lagarde stated that was not accurate to describe June move as an insurance hike; The resilience Europe had built meant rate hike effects on the economy were more contained; Resilience meant ECB can raise rates to address inflation without fear it become a source of financial stress *Insight: ECB moved into tightening in Jun 2026 with its 1st rate hike since Sept 2023
Current rhetoric believes no urgency for ECB to act as oil prices ease Recent comments: - On Jun 29th ECB Chief Lagarde stated that was not accurate to describe June move as an insurance hike; The resilience Europe had built meant rate hike effects on the economy were more contained; Resilience meant ECB can raise rates to address inflation without fear it become a source of financial stress *Insight: ECB moved into tightening in Jun 2026 with its 1st rate hike since Sept 2023