ECB's Makhlouf says anticipates that 50 bps rate hike is "where we will end up"

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ECB's Makhlouf says anticipates that 50 bps rate hike is "where we will end up"

<ul><li>Haven't reached the stage that we are confident inflation is under ccontrol</li><li>Anticipates that there will be further rates hikes next year</li></ul><p style="" class="text-align-justify">That at least gives some idea of what to expect but on the balance of things, markets are arguably leaning towards a 50 bps move anyway at this juncture. The Fed may be the main focus next week but don't forget about the ECB as well.</p>

                This article was written by Justin Low at forexlive.com.

Source: ECB's Makhlouf says anticipates that 50 bps rate hike is "where we will end up"

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