He does not think the ECB will take meaningful decisions, instead, he is looking forward to June for more indications.
“Well, for the ECB, patience is a virtue. That’s pretty clear that when you look at the trend inflation, we have pretty good news in terms of headline inflation. So a clear deceleration on the letters that are quite encouraging here and confirm this trend. But the issue is really focused on core inflation. That is an issue that has been raised by ECB officials a number of times.”
