ECB's Vasle Says Persistent Inflation Would Need More Hikes

The video discusses the eurozone's economic outlook, focusing on inflation and its impact on monetary policy. It highlights the importance of data dependency in decision-making and the potential need for further action if inflation persists. The discussion also covers the implications of monetary policy on interest rates and the broader economy, with decisions expected in the coming months.

What is the significance of being 'data dependent' in the context of the eurozone's economic policy?

What are the anticipated developments in inflation that could affect interest rates?