ECB's de Cos: Bond buying should end in early Q3, first rate hike to follow shortly after

• A gradual withdrawal of stimulus is adequate in the current context
• Further rate increases could be made in the coming quarters
• That could reach levels in line with the natural rate of interest if the medium-term inflation outlook remains around our target

That's pretty much in line with the recent remarks surrounding a July rate hike. That is very much a given now but as much as the hawks are talking up a move to positive territory, I still hold my reservations. No doubt that the ECB could really go all out in the battle against inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term but the euro area economy is going to go through quite a testing period in the quarters ahead.