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ECB’s Makhlouf undecided about rate rise beyond July

“On the evidence that we have at the moment, it does look like, in July, there will be another 25 basis point increase. Some colleagues do feel that we’re likely to need further rises in the autumn. I’m just prepared to look at the evidence,” Makhlouf told the Irish Independent in an interview.

“I do feel that we’re near the top of the ladder. Some others may feel we’re further down, but we’ll see.”


Source: Economy - investing.com

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