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 speaker's projection for when inflation will decrease to 2%?

• By the end of 2024

• By the end of 2026

• By the end of 2023

• By the end of 2025

According to the speaker, what is necessary to protect the baseline projection?

• Maintaining current interest rates

• Increasing interest rates

• Reducing interest rates

• Eliminating interest rates

What does the speaker emphasize as crucial for future economic decisions?

• Current data

• Historical data

• Political factors

• Public opinion

What does the speaker suggest about the balance of risks as more rate hikes occur?

• The risks remain the same

• The risks of doing too little increase

• The risks of inflation persistence decrease

• The risks of doing too much increase

What is the speaker's stance on the possibility of another rate hike after July?

• It is unnecessary

• It is a certainty

• It is a possibility

• It is unlikely