European Central Bank (ECB) Vice President Luis de Guindos said on Friday that he doesn't want to get sucked into the July rate hike debate.
Additional quotes
Doesn't see a recession in the euro area.
Inflation to decelerate in 2H 2022, but core inflation to remain high.
We will definitely stop bond buying in July.
"But if we raise rates, will it lower oil prices?"
Separately, ECB policymaker Mario Centeno said that the APP should end in first few weeks of Q3, adding that a rate hike will come "sometime after".
Market reaction
EUR/USD was last seen trading at 1.0404, adding 0.25% on the day.