- Inflation has slowed in the last three months but risen a bit in February
- We are sure prices will go down but inflation is still too high
- Bringing down inflation will take some time
This is mainly just to reaffirm her previous remarks. For now, the ECB is standing firm on the message that March will be a 50 bps rate hike and what comes after could be a similar move or perhaps a 25 bps one, but they won't give anything away just yet.