ECB’s Makhlouf: We are near the bottom of the easing cycle

We’re not
on a predetermined pathI’m pleased
with where we areThere’s
still so much uncertaintyIt would be
a bit of a mistake to say we know exactly where we’re going to be He’s not
saying anything new here, but given that he said “we are near the bottom”
suggests he’s still open for a rate cut. That puts him into the
neutral/dovish camp, which is anyway in the very minority at the moment.
This article was written by Giuseppe Dellamotta at investinglive.com.

Source: investinglive.com (Read Full Article)