ECB’s Makhlouf says uncertainty means the ECB should take a meeting-by-meeting approach

Makhlouf's comments suggest a cautious ECB stance, indicating a meeting-by-meeting assessment of policy amidst ongoing uncertainty.

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ECB’s Makhlouf says uncertainty means the ECB should take a meeting-by-meeting approach

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This could signal a more data-dependent approach in their decision-making, impacting expectations for rate changes and potentially leading to volatility in the EUR and fixed income markets.

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