The Future of Inflation in Europe

I was a bit surprised that like God was so... She took a really firm stance on we are not cutting. And I think if you contrast her to Jerome Powell, it was much more open. So how do you see this inflation discussion in Europe going forward? I mean, is there a decent chance that the ECB will now sound as hilariously stupid on inflation just in the other direction? Yes, that's a short answer. Let me go right into this. I see an inflation profile which looks like a hump. So it does clearly increase. When we watch various price surveys, live gauges of inflation in Europe from various online retailers, etc., I'm personally starting to convince myself