ECB’s Makhlouf: Could raise rates above 3.5% and hold them there – WSJ – by eren_fxstreet ECB CentralBanks
European Central Bank Governing Council member Gabriel Makhlouf said on Tuesday that the ECB could raiseabove 3.5% and hold them there for the remainder of the year, the Wall Street Journal reported.
Earlier in the day, ECB policymaker Mario Centeno said that the full impact of rate hikes may not reach the European economy.edged slightly higher with the initial reaction to Makhlouf's comments. As of writing, the pair was trading at 1.0760, where it was up 0.37% on a daily basis.Information on these pages contains forward-looking statements that involve risks and uncertainties.
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