ECB’s Kocher: Decisions to be based on incoming data to bring inflation back to the 2% target
ECB policymaker Martin Kocher reiterated the importance of maintaining a data-dependent approach to monetary policy, warning that geopolitical developments continue to pose risks to the inflation outlook.
Kocher noted that recent weeks have demonstrated how quickly geopolitical events can affect energy prices and in turn inflation dynamics. His remarks highlight a key concern for policymakers as tensions in the Middle East continue to create uncertainty around global energy markets.
He stressed that decisions at upcoming ECB meetings in autumn will depend on incoming economic data with the objective of bringing inflation back to the ECB's 2% target on a sustainable basis.
Today's Eurozone CPI report showed core inflation rising to 2.5%, slightly higher than the 2.4% forecast. Without a clear de-escalation in the Middle East and better inflation data in the next month's report, the ECB is widely expected to deliver another 25 bps hike at the September meeting.
This article was written by Giuseppe Dellamotta at investinglive.com.提供 MainLink：Investinglive RSS Breaking News Feed
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