Boris Vujčić: Interview with Reuters
• Boris Vujčić of the European Central Bank stated in a Reuters interview that the bank uses a broad set of data rather than focusing solely on energy prices to make monetary policy decisions. • Vujčić noted that while markets are currently pricing in several interest rate hikes over the next 12 months, the bank must consider broader economic relationships. • This approach signals to investors and businesses that the ECB may not react impulsively to energy price volatility when adjusting the cost of borrowing.
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