ECB's Escrivá: We are at appropriate level of interest rates, no need for further guidance
- Risks to inflation are well much balanced
- But trade disruptions from US could be potentially inflationary
- Downside risks to growth in the euro area have not emerged
Just some token remarks there as this mostly just reaffirms the current ECB stance in pausing through year-end. That unless something drastic changes on the data front in the months ahead.