ECB’s Muller: No further rate hikes expected in coming months

Market news

15 September 2023

ECB’s Muller: No further rate hikes expected in coming months

European Central Bank (ECB) policymaker Madis Muller said on Friday, “no further rate hikes are expected in the coming months.”

Additional quotes

Higher inflation could yet warrant another hike.

Rates high enough to bring inflation back to 2%.

Market reaction

EUR/USD is unpertubed by the dovish comments from the ECB official, keeping its recovery mode intact near 1.0665, up 0.25% on the day.

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