#GateioTurns10 #NewYearCelebration #GateioBountyCreator #BountyCreator #NewsMessenger #Gate Live Investors: European Central Bank at risk of overtightening

Summary：Martin Wahlberg, senior economist at Italian investment firm Generali Investments, said in his note that the ECB considers inflation "too high for too long" and faces excessive tightening with a possible rate hike in September. The ECB is too optimistic about the growth outlook, and its updated macro forecasts for September tend to pause interest rate hikes. But owing to the rather hawkish tone of last Thursday's press conference, "we acknowledge the risk that the bank will raise interest rates further in September, and we are concerned that this will mean the risk of over-tightening and low growth persists for longer." said Walber, said Greg.