ECB's Makhlouf: Some have incorrectly interpreted ECB language on hiking more

Central Banks
Adam Button
15/06/2022 | 13:03 GMT
  • Comments from Makhlouf
Makhlouf
  • On September interest rate hike, 'for avoidance of doubt, more means more than 25 bps''
  • It could be 26 bps, it could be 51 bps or whatever
  • Some have incorrectly taken language that it could be more to mean it's going to be 50 bps
  • Unscheduled meeting was 'a very good discussion'
  • Impact of any weakening of global integration on medium to long term inflation is something not yet fully understood

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