ECB’s Muller: Temporary ups and downs on inflation are inevitable

December 13, 2024
-FCHFX

December 13, 2024 at 07:35AM

Temporary ups and downs on inflation are inevitable.

There was consensus at ECB’s Governing Council.

The period of strong inflation is behind us. I want to see inflation around 2%.

Markets see another 100 bps of rate cuts.

Rates are still relatively high given the economy.

Rates are still holding back the economy a little bit.

Return to zero rates is only in the case of emergency.

I can’t yet gauge the impact of Trump policy on Europe.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

ECB’s Muller: Temporary ups and downs on inflation are inevitable

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