ECB Stance on Inflation and $EURUSD

The latest rhetoric from various ECB council members seems to reinforce a hawkish tilt, despite recent softer CPI prints. While headline inflation has cooled, core inflation remains a persistent concern. How much of this is truly data-driven versus a proactive signaling effort to manage expectations? With $EURUSD currently around 1.1420, it seems the market is pricing in a significant probability of further tightening. Curious to hear others' takes on the durability of this ECB hawkishness.