European Central Bank (ECB) policymaker Peter Kazimir said on Monday that there is “no significant change that would force my hand to act in September.“
I see no looming spectre of a sustained inflation undershoot; risks are not tilted to downside
It would take something like clear signs of unravelling in the labour market for me to act.
US-EU trade deal reduces uncertainty, but unclear for now how it impacts inflation.
EUR/USD was last seen trading 0.62% lower on the day at 1.1668, when writing.