ECB’s Muller: Rapid inflation required a robust response
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European Central Bank (ECB) Governing Council member Madis Muller said on Friday, “rapid inflation required a robust response.”
Muller appears to be justifying the 75 bps rate hike announced by the ECB on Thursday.
His colleagues have also tried to sound hawkish earlier this Friday but the ECB commentary has failed to extend the EUR/USD recovery.
The pair is trading at 1.0087, adding 0.98% on the day, at the time of writing.
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