The ECB's Makhluof
- ECB remains on track to hit 2% inflation in Q4 2025
- Services inflation and wage growth present some uncertainty
There isn't much here, the market is 98% priced for an Oct 17 rate cut of 25 bps.
ECB's Makhlouf: Servies inflation and wage growth present some uncertainty
- Comments from the ECB Governing Council member
