ECB’s Muller says too early to talk about rate cuts in the near-term

  • Too early to celebrate victory over inflation
  • Still a little bit to go to reach 2% inflation target

This reaffirms the report from after the meeting here, with Lagarde saying that they did not discuss rate cuts whatsoever at yesterday’s meeting. Still, the odds of a March rate cut are sitting at around 55% in the aftermath.

This article was written by Justin Low at www.forexlive.com. Source