ECB's Makhlouf: Haven't seen wage settlements that raise concerns on a eurozone level- My lead option is to hike rates in June and July; open about subsequent decisions
- 'Very relaxed' about market pricing of rates
- Upward momentum in core inflation has slowed by food price pressure still building
- Can achieve target without recession
He sounds relaxed about everything.
This article was written by Adam Button at www.forexlive.com.
Source: ECB's Makhlouf: Haven't seen wage settlements that raise concerns on a eurozone level (https://www.forexlive.com/centralbank/ecbs-makhlouf-havent-seen-wage-settlements-that-raise-concerns-on-a-eurozone-level-20230526/)
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