A post by @FirstSquawk on X.
ECB'S ZIGMAN SAYS TOO EARLY TO SAY HOW MUCH MORE TIGHTENING NEEDED
@FirstSquawk on X
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ECB Governing Council member Boris Vujčić said it is too early to determine how much further the central bank needs to tighten policy, signaling uncertainty over the terminal rate. The remark leaves open the pace and scale of additional rate hikes beyond the ECB's recent moves. It matters because investors are trying to gauge when the eurozone tightening cycle will end. Watch upcoming eurozone inflation and wage data, along with ECB commentary, for clues on the next policy step.
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Named in this story
Zigman, ECB