
ECB's Villeroy: We don't have enough information on core inflation yet

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ECB's Villeroy emphasizes the need for more data on core inflation before considering interest rate hikes. He expresses caution, noting that the ECB lacks sufficient information to justify immediate changes. Concerns focus on second-round effects from initial price shocks, with current data showing moderated core inflation and wage growth expectations. The ECB has indicated a potential rate hike in June, contingent on improvements in geopolitical tensions and oil prices.
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