ECB’s Moulin: Central Bank in ‘Good Position’ After June Rate Hike
ECB Governing Council member Emmanuel Moulin said the central bank is well-positioned after its June rate hike, citing easing inflation alongside a decline in oil prices.
European Central Bank (ECB) Governing Council member Emmanuel Moulin stated at the Rencontres Economiques conference in Aix-en-Provence on Saturday that the central bank is in a “good position” following its interest rate increase in June.
Moulin noted that inflation is easing concurrently with a slump in oil prices, supporting the ECB’s recent policy move. No additional details on future rate decisions were provided in the remarks.
Source: FXStreet Forex News