ECB's Muller: It's important not to pre-commit on September
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Remarks from the Bank of Estonia Governor Madis Muller
- It's important that we wouldn't promise too much in advance.
- It's true that at least one more cut is expected by the market but I personally wouldn't comment.
- There are still fluctuations on inflation.
- Wage growth is not in line with the 2% target.
- It's realistic that in next 12 months inflation will keep to decelerate.
- The Eurozone economy should recover in coming quarters although the outlook deteriorated slightly.
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