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- ECB says conditions in place for gradual inflation pick-up supported by ECB policy, recovery
ECB says conditions in place for gradual inflation pick-up supported by ECB policy, recovery
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Easing bias on app could be reviewed if confidence in inflation outlook improved: minutes of jun 8 meet
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Rate setters discussed revisiting easing bias on app at jun 7-8 meet but decided prudence remained warranted
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Inflation outlook vulnerable to premature tightening, guidance to be adjusted "very gradually"
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Continued caution in communication warranted to avoid signals that could cause tightening of financing conditions
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