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Wunsch Reiterates View That We Have More to Do

ECB

ECB's Wunsch speaks on CNBC, stating that:

  • We have more to do, with the May rate decision to be between a 25 - 50bps rate hike.
  • Wunsch adds that the upcoming inflation readings are to determine the size of the May hike.
  • "More to do" is not new sentiment from Wunsch - in the midst of the SVB banking crisis, Wunsch stated "it’s still clear that we might have more to do," and that "we still have a long way to go" back in March

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