ECB’s Makhlouf: Beyond probable rate hikes in June and July, picture is a lot less clear 0 (0)

  • Likely to see another rate hike at the next meeting
  • Inflation fall is very welcome but not definitive
  • Underlying pressures are still quite strong

He also says that they have not yet reached the moment where they can put a stop to rate hikes just yet. Once again, it’s a relatively consistent message all around from the ECB so far this week.

This article was written by Justin Low at www.forexlive.com.

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