ECBs Muller: The central bank is prepared to tighten faster if inflation stays above 2%
|The European Central Bank (ECB) is prepared to tighten faster if inflation stays above its 2% price target, Governing Council member Madis Muller said on Friday.
In the last hour, ECB policymaker Villeroy de Galhau said that the Eurozone economy was close to peak inflation.
EUR/USD reaction
EUR/USD is holding steady at 1.1332, moving back and forth in a narrow range ahead of the German IFO Survey.
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