Forex
ECB’s Vasle: More rate hikes needed to get inflation to 2% target
European Central Bank (ECB) policymaker, Boštjan Vasle, said on Friday, “more rate hikes needed to get inflation to the 2% target.”
Vasle added, “core inflation remains high and persistent.”
Market reaction
At the time of writing, EUR/USD is keeping its upside intact at around 1.0775, up 0.11% on the day.
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