ECB's Knot: Hiking Beyond July 'At Most a Possibility'

The transcript discusses the need for more evidence before taking a decisive stance on inflation trends. It highlights projections that inflation may not reach 2% until the end of 2025, with some optimistic views suggesting 2024. The discussion covers the risks associated with inflation persistence and the potential need for rate hikes, emphasizing the importance of monitoring data to guide future economic decisions.

What is the projected timeline for inflation to reach 2% according to the speaker?

How does the speaker describe the current risks surrounding inflation?

What does the speaker suggest is necessary to protect the baseline projection?

What factors does the speaker mention that could influence the decision to hike rates in July?

What is the speaker's opinion on the possibility of inflation easing by September?