ECB Accounts: Large majority agreed with proposal to raise key rates by 50 bps – by eren_fxstreet ECB CentralBanks
Key takeaways"More time was needed to fully assess the overall effect of the monetary policy stance on financial conditions."
"If the inflation outlook embedded in the March ECB staff projections were confirmed, the Governing Council would have further ground to cover in adjusting the monetary policy stance." "The point was made that, in the context of tighter monetary policy, pockets of financial vulnerability had to be expected."
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