ECB's Wunsch: Maybe we've reached the peak in interest rates

<ul><li>If inflation meets forecast, then no more rate hikes are needed</li><li>Backs reopening discussion on PEPP timetable</li><li>We have to live with current uncertainty</li><li>Oil prices are an upside risk to inflation</li></ul><p>This just conforms to market expectations that they are already done with rate hikes. As for the PEPP topic, <a href="https://www.forexlive.com/centralbank/ecbs-stournaras-says-should-not-stop-bond-buying-too-early-20231012/" target="_blank" rel="follow">it's not quite unanimous</a> it would seem but they are careful about their choice of wording – mainly mentioning that it is something that they would like to discuss first.</p>

This article was written by Justin Low at www.forexlive.com.