ECB’s Knot: Policy rates now are at a good ‘cruising altitude’

  • Current level of rates can remain for some time
  • Should be a little patient and not raise rates too much to prevent choking off the economy

If even the more hawkish members of the central bank are calling to pause, it surely looks like we’re pretty much done here already for the ECB then – not that it is anything new.

This article was written by Justin Low at Source