<ul><li>Inflation easing is good news but not reason enough to slow pace of rate hikes</li><li>Core inflation trend is most important for me</li><li>Not certain how high rates should go or how long they should stay there</li></ul><p style=““ class=“text-align-justify“>Technically, his argument is valid if you go by the latest inflation report <a target=“_blank“ href=“https://www.forexlive.com/news/eurozone-december-final-cpi-92-vs-92-yy-prelim-20230118/“ target=“_blank“ rel=“follow“>here</a>. Meanwhile, ECB policymaker Stournaras is out saying that „rate hikes should be more gradual“. That possibly indicates a slight divide behind the scenes between the governing council on their next policy steps but we’ll see.</p>
This article was written by Justin Low at www.forexlive.com.