ECB's Makhlouf: We should remain open-minded about rate path
Source Fxstreet
European Central Bank (ECB) policymaker Gabriel Makhlouf said on Tuesday that the essence of data-dependency suggests that they should remain open-minded about the interest rate path, per Reuters.
"With disinflation well underway, we are confident in sustainably reaching our target of 2%," Makhlouf added.
Market reaction
These comments don't seem to be having a noticeable impact on the Euro's performance against its major rivals. As of writing, the EUR/USD pair was virtually unchanged on the day at 1.0835.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Silver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
Standard Chartered lifts Ethereum call to $7,500, arguing institutional demand could leave Bitcoin trailingStandard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Standard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Bitcoin nears two-month highs with key indicators signaling potential for further gains as it targets $101,000.
XRP “super cycle” chatter faces a weekly SuperTrend sell signal, with XRP down 2% to $2.07 over the past week even as broader crypto markets tick higher.
Bitcoin breaks above $97,000 as crypto kicks off first major rally of 2026Cryptocurrency markets are experiencing the first major rally of 2026. Bitcoin reached a high of over $97,000, and Ethereum edged close to $3,400 on Wednesday afternoon. Some analysts predict this is part of a larger bullish trend. Cryptocurrency markets appear to be coming out of hibernation as Bitcoin and key altcoins reach price levels not […]
Cryptocurrency markets are experiencing the first major rally of 2026. Bitcoin reached a high of over $97,000, and Ethereum edged close to $3,400 on Wednesday afternoon. Some analysts predict this is part of a larger bullish trend. Cryptocurrency markets appear to be coming out of hibernation as Bitcoin and key altcoins reach price levels not […]
