ECBs Makhlouf: It is too early to plan for a pause in our tightening of policy

  • ECB Makhlouf now speaking:
  • On the evidence so far, it is too early to start planning for a pause in our tightening of policy.
  • We will be especially focused on incoming data at our next policy decision
  • Based on the evidence we have today rates will need to continue at restrictive levels

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