ECB: Market bets on rate cuts in early 2024 are wrong

Martins Czak, a member of the European Central Bank, has made the following claims.

- Interest rates rose last July because inflation is still very high.

- There are still strong risks of continued inflation.

- We don't think that after the rate hike in July, we'll be comfortable enough to say, 'We're done.

 

🔻 Follow us telegram here