ECBs Wunsch: My base case is now more rate hikes needed

<figure data-media-><img src="https://images.forexlive.com/images/ECB%27s%20Wunsch_id_91081581-7699-488e-96eb-b10cd6a9e474_size900.jpeg" alt="ECB's Wunsch" width="1280" height="720" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/ECB%27s%20Wunsch_id_91081581-7699-488e-96eb-b10cd6a9e474_size900.jpeg" /><figcaption><div>ECB's Wunsch</div></figcaption></figure><ul><li>My base case is that no more rate hikes are needed, but we can wait until the spring to make that call</li><li>Marking pricing of rate cuts "very optimistic" and increases the likelihood that more tightening is needed</li><li>Legitimate to discuss the tolerance range around the inflation target</li><br></ul><p><br></p>

This article was written by Greg Michalowski at www.forexlive.com.

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