ecb minutes, 2022-10-26
While it was widely felt that, with a 75 basis point increase, the Governing Council would make substantial progress in withdrawing monetary policy accommodation, it was also clear that rates would need to be raised further to reach a level that would deliver on the ECB’s 2% medium-term target, although decisions would need to be based on incoming data and the evolving outlook for inflation and the economy.
Sentiment: neutral
Topic: mp_inflation