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

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. 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.