• ECB’s Muller: Rate hikes are having an effect but inflation is still too high

Noticias del mercado

1 marzo 2023

ECB’s Muller: Rate hikes are having an effect but inflation is still too high

European Central Bank (ECB) Governing Council member Madis Muller said on Wednesday, “rate hikes are having an effect but inflation is still too high.”

“Expectations of rapid ECB rate cuts are wishful thinking,” Muller added.

Market reaction

The EUR/USD pair was last seen trading at 1.0637, up 0.60% on a daily basis.

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