ECB’s Muller: Rates are far from the level that would slow the economy
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European Central Bank (ECB) Governing Council member Madis Muller said on Tuesday, “rates are far from the level that would slow the economy..”
Muller added that “interest rates are still low in a historical context.”
EUR/USD is struggling to find demand while trading just above parity amid a broad US dollar bounce, as the European stocks erase opening gains on pre-Fed and BOE rate hikes anxiety.
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