Kleintop Says No 'All Clear Yet' For ECB

The video discusses the current state of bond yields, particularly focusing on the low yields of 10-year bonds and the factors influencing them, such as inflation and wage growth in Europe. It highlights the European Central Bank's (ECB) cautious approach to tapering its Quantitative Easing (QE) program and the potential for future rate hikes. The ECB's strategy is influenced by economic data and market sentiment, with a focus on maintaining stability while considering future monetary policy adjustments.

What is the sentiment regarding inflation in Europe as discussed in the text?

What challenges does the ECB face in terms of its Governing Council's decisions?