The European Central Bank is expected to raise rates for a seventh straight meeting on May 4, with policymakers converging on a 25-basis-point hike - rather than a larger 50 bps increase - sources with direct knowledge of the discussion have told Reuters. "We will be making our next policy decision in just over a week’s time and will be especially focused on incoming data," Makhlouf said in a blog post. "But on the evidence so far, it is too early to start planning for a pause in our tightening of policy." (Writing by Conor Humphries; Editing by Susan Fenton)
DUBLIN, April 24 (Reuters) - It is too early for the
European Central Bank to start planning for a pause in monetary
policy tightening, Irish ECB policymaker Gabriel Makhlouf said
on Monday.
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