ECBs Wunsch is saying:
- it seems that Iran shop has disappeared
- We haven't seen that much second round effects
- Maybe we have to do more but situation doesn't ask for significant tightening.
- Not excluding another move, but let's not wait too long.
Comments seem in contrast with ECBs Schnabel who said that we are not in a pre-war situation even after the fall in oil prices and that the ECB cannot simply look through the shock.