Responding to some questions about the European Central Bank’s (ECB) rate hike path, the central bank’s policymaker Pablo Hernandez de Cos said that “we will see about September, adding that “we are data dependent.”
Political situation in Italy was not behind the creation of TPI.
The most significant part of TPI is its creation.
Maintaining homogeneous financial conditions in euro zone is prerequisite for financial stability.
We will see about future interest rates increases in September, we are data dependent.
ECB future decisions hinge on economic data.