ECB Vice-President Boris Vujčić Outlines Meeting-by-Meeting Monetary Policy Approach
Boris Vujčić states the ECB will remain data-dependent, emphasizing that policy decisions will be made meeting by meeting without pre-set forward guidance.
By Orion Desk
ECB Vice-President Boris Vujčić confirmed that interest rate decisions will remain contingent on incoming data rather than rigid forward guidance. He noted that while energy prices currently influence market expectations for the terminal rate, the Governing Council monitors a comprehensive range of economic indicators to assess the appropriate policy path.
Traders should note that officials view monetary transmission as an ongoing process, with higher lending rates already affecting mortgages and corporate borrowing costs. While current economic resilience has held steady, the central bank maintains that future adjustments will depend on how persistent inflation and external geopolitical shocks evolve over the coming months.
Originally published by European Central Bank
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