Central Banks

ECB’s Muller Says It’s Important Not to Precommit on September

Madis MullerPhotographer: David Paul Morris/Bloomberg
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The European Central Bank shouldn’t precommit to a certain outcome before its next meeting, according to Governing Council member Madis Muller.

“I think it’s important that if the next ECB Governing Council meeting is in September that we wouldn’t promise too much in advance,” the Estonian central banker said on Friday, adding that it’s hard for him to say how many interest-rate cuts there may be in 2024.