ECB's Makhlouf: Haven't seen wage settlements that raise concerns on a eurozone level

  • Comments from Makhlouf
Gabriel Makhlouf
  • My lead option is to hike rates in June and July; open about subsequent decisions
  • 'Very relaxed' about market pricing of rates
  • Upward momentum in core inflation has slowed by food price pressure still building
  • Can achieve target without recession

He sounds relaxed about everything.

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