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Back Fundamental analysis
ECB policymaker says next rate move could be up or down
Makhlouf said that the euro had
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Makhlouf said that the euro had been finding strength against the dollar on a daily basis, with only intermittent corrections prompted by solid U.S. fundamentals, and that the next policy move could be either to raise or to lower borrowing costs. He said that he did not rule out further rate cuts and even the possibility of increases and added that inflation appeared to be moving in the right direction and was in line with the ECB's target, leaving the bank
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Jakub Novak,
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