The Messy Landscape of European Inflation

I'm actually not that surprised by what we've heard, even though I probably would have been a couple of months ago. But on the other hand, if you really worried about the results of hiking, why wouldn't you use rhetoric to compensate? That's wrong. The idea that the stuff that the key central bankers say at such a conference is solely an honest take on the current events and not a chance to get on the stage and sort of push markets in one way or another has got to go.