ECB’s Vasle: September meeting could bring a hike or a pause

European Central Bank (ECB) policymaker, Boštjan Vasle, made some comments on the central bank’s latest policy decision.

Key quotes

The latest data shows the euro area economy cooling.

Hikes are increasingly reflected in the banking sector.

Core inflation remains high and persistent.

The September meeting could bring a hike or a pause.

Market reaction

At the time of writing, EUR/USD is trading almost unchanged on the day at 1.0970.