Central Banks
ECB Shouldn’t Rush Further Rate Cuts After June, Muller Says
- Geopolitics adds upside risks to inflation, official says
- Estonian central bank chief speaks in interview in Washington
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The European Central Bank mustn’t rush into further interest rate cuts after a likely first step in June, Governing Council member Madis Muller said.
“We should be careful not to move too quickly with the loosening of monetary policy and wait until the data gives us the necessary confidence that inflation is getting sustainably back to the target,” the Estonian central bank chief said in an interview.