ECB’s Muller: Rate hikes are having an effect but inflation is still too high
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European Central Bank (ECB) Governing Council member Madis Muller said on Wednesday, “rate hikes are having an effect but inflation is still too high.”
“Expectations of rapid ECB rate cuts are wishful thinking,” Muller added.
The EUR/USD pair was last seen trading at 1.0637, up 0.60% on a daily basis.
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