Greg had the salient points from European Central Bank Governing Council members, Bundesbank President Joachim Nagel and Bank of Spain head De Cos here:

Check that link out, but, in brief:

Nagel:

  • said there is still a long way to go on rate hikes
  • inflation is persistent
  • the ECB must be more stubborn than stubborn inflation

de Cos:

  • Bond portfolio reduction should begin at the beginning of next year
ECB