ECB's Scicluna: There is no cut already in a box and waiting to be unpacked

ECB's Scicluna: There is no cut already in a box and waiting to be unpacked

• Remarks from the ECB policymaker

• Small inflation deviations are no reason to panic.

He's just reaffirming the ECB stance of a hard pause and that small deviations from the 2% target on both sides won't automatically call for rate adjustments.