“The economic recovery has clearly gained more traction in recent weeks and the more normal growth performance is likely to allow the ECB to continue with its still-young campaign of interest rate normalization.”
“It's a strong start to the year and the first quarter looks solid. However, we're not in a boom situation by any means. We're still not seeing any breakthrough on the job market.”
“For the ECB it's about inflation risk management rather than inflation fighting. That's a crucial difference. If it was about fighting inflation, he could be much more aggressive and pre-commit.”
