ECBs de Cos: Inflation spike is lasting longer than expected

ECBs de Cos is on the wires saying:

• 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 spike is lasting longer than expected
• Inflation spike is unexpected
• ECB do not rule out lift off conditions met earlier than expected
• Want hike rates until the net bond buying is concluded
• Has yet to decide on its options Options Options represent a contract that enables investors to buy or sell underlying instruments such as security, exchange-traded funds (ETFs) or indices at a certain price over a certain period of time. Buying and selling options can be done on the options market, which trades contracts based on securities. When trading options, the price of the option is thus a percentage of the underlying asset or security.Investors who purchase an option are able to buy shares at a later time and are known as a ca Options represent a contract that enables investors to buy or sell underlying instruments such as security, exchange-traded funds (ETFs) or indices at a certain price over a certain period of time. Buying and selling options can be done on the options market, which trades contracts based on securities. When trading options, the price of the option is thus a percentage of the underlying asset or security.Investors who purchase an option are able to buy shares at a later time and are known as a ca Read this Term but gradualism is key
• Inflationary outlook should ease later this year

Earlier today:

• ECBs Holzman said that rate hike could come in December, before end of bond buying
• ECBs Vasle said that The time seems right for policy to start the process of gradual normalization
• ECBs De Guindos said that the ECB will will readjust asset purchases if needed, then see about rate hikes