Indebted consumers, slower economic growth, potential for recession are key factors in play
Mester's comments are notable because she is among the more consistently hawkish members
Businesses and consumers expect inflation to remain elevated in the short term and ease within five years
More than half say they'll be in financial trouble if interest rates go up much more
The average home price in December was down 12% from a year earlier
Stronger core inflation expected to drive higher rates in euro area
With positive signs on inflation, a recession this year is less of a sure thing
Consultation considers array of tools to address rising debt service risks
Higher interest rates to drive down deposits and increase funding costs
Home prices are expected to reach their bottom sometime in early 2023, after declining 20% from peak to trough