ECB's Mueller says it's too early to talk about near-term rate cuts

Statements by ECB policymaker Madis Mueller were as follows:

- It's too early to celebrate victory over inflation
- And there's still little left to reach the inflation target of 2%

This confirms what Lagarde said at yesterday's press conference that they had not discussed rate cuts at all at yesterday's meeting.
However, the odds of a rate cut in March are around 55% in the aftermath.