ECB's Muller: It's important not to pre-commit on September

  • Remarks from the Bank of Estonia Governor Madis Muller
  • It's important that we wouldn't promise too much in advance.
  • It's true that at least one more cut is expected by the market but I personally wouldn't comment.
  • There are still fluctuations on inflation.
  • Wage growth is not in line with the 2% target.
  • It's realistic that in next 12 months inflation will keep to decelerate.
  • The Eurozone economy should recover in coming quarters although the outlook deteriorated slightly.
ECB's Muller
ECB's Muller

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