- Analytics
- News and Tools
- Market News
- ECB's Muller: Inflation will continue to fall over the coming two years
ECB's Muller: Inflation will continue to fall over the coming two years
The European Central Bank (ECB) Governing Council and Bank of Estonia Governor, Madis Müller said on Tuesday that the Middle East geopolitical tensions are causing energy prices to rise again and the potential of this spreading is one of the main risks to eurozone inflation.
Key quotes
“Inflation in the euro area is clearly coming down.”
“Geopolitical tensions are causing energy prices to rise again, and the conflict in the Middle East and the danger of it spreading are one of the main risks facing the decline of euro area inflation.”
“Inflation is still too high.”
“One of the main causes the relatively fast growth in wages.”
Market reaction
The comments above have little to no impact on the Euro. The EUR/USD pair is trading higher on the day at 1.0577, as of writing.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
