ECB’s Muller: There are not many euro area banks that took risks like SVB did ECB CentralBanks EURUSD Macroeconomics
European Central Bank Governing Council member Madis Muller is making some comments on the global banking crisis, in his appearance on Friday.“SNB’s intervention in Credit Suisse has made decision-making easier.”“There is no sign yet of persistent inflation pressure easing.”“The latest inflation forecasts assume more rate hikes.”is extending its recovery mode above 1.0650 on the above comments. At the press time, the pair is trading at 1.0654, adding 0.48% on the day.
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