Elga Bartsch
Elga Bartsch
consider data might pace shaping situation slightly speeding today
The way the data are shaping up, they might consider slightly speeding up the pace of tightening. The situation today is different than in December.
ears hike move next order pave press rate shall signal
In order to pave the way for another refinancing rate hike in March, the ECB would need to signal that another move was on its way in one of the next two press conferences. We, therefore, shall be all ears Thursday.
argue bump recent suggest weakness
You could argue that he downplayed the weakness in the recent data. But the forward-looking indicators suggest that this was just a bump in the road.
clear hike rate sure words
With those few, clear words, the May rate hike is off the table, and I'm not even sure about June. I think it was very disappointing.