ECB’s Vasle: Future Decisions to Be Data-Dependent, Not Pre-Committing to Rate Path

7 June 2024

By Aurėja Bobelytė – VILNIUS (Econostream) – Further decisions on monetary policy would remain highly dependent on incoming data, European Central Bank Governing Council member Boštjan Vasle said Friday.

In a statement published on the website of the Bank of Slovenia, which he heads, Vasle said, 'Our further steps will continue to depend on the current situation, i.e. on economic and financial data, the movement of core inflation and the effectiveness of our measures.'

The ECB was not pre-committed to any path of interest rates, he said.