ECB’s Makhlouf: Another rate hike is still possible

  • Little chance of a rate cut before March
  • Rates could just stay where they are for longer
  • If inflation outlook holds, may not need any more rate hikes

The ECB wants to try to at least sell a hawkish pause but they’re not doing a very good job at that. These remarks will fall on deaf ears as markets are no longer convinced of any more moves by the ECB unless inflation jumps back higher.

This article was written by Justin Low at Source