ECB’s Muller: Temporary ups and downs on inflation are inevitable

Dhwani Mehta FXStreet

European Central Bank (ECB) policymaker Madis Muller said on Friday that “temporary ups and downs on inflation are inevitable.”

Additional quotes

There was consensus at ECB's Governing Council.

The period of strong inflation is behind us. I want to see inflation around 2%.

Markets see another 100 bps of rate cuts.

Rates are still relatively high given the economy.

Rates are still holding back the economy a little bit.

Return to zero rates is only in the case of an emergency.

I can't yet gauge the impact of Trump's policy on Europe.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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