ECB's Makhlouf: We are in a good place as far as our monetary policy is concerned

  • Comments from the ECB policymaker, Gabriel Makhlouf
ECB
  • I'm comfortable with where we are but I accept that there is a load of uncertainty around. Necessitating meeting by meeting approach.
  • I think we are in a good place as far as our monetary policy is concerned

We've been hearing from ECB members these same comments over and over again. They are fine with the current interest rate setting and won't respond to small or short-term deviation from their 2% target.

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