ECB’s Muller: Need to look at the data for rate hike beyond July

  • Too early to say where rates will end up
  • Risks to inflation are still on the upside
  • Rate hikes are gradually having an impact

That is a balanced take to the situation but it once again just reinforces the narrative that a July rate hike is a given. But what comes after is still a bit of a question mark, even more so after the softness in recent economic data.

This article was written by Justin Low at Source