ECB's de Cos: Market expectations of a 3.25% rate peak cannot be validated

European Central Bank’s (ECB) policymaker and Spanish central bank head Pablo Hernandez de Cos said on Tuesday, “market expectations of a 3.25% rate peak cannot be validated.”

Additional quotes

“The ECB is ready to react to maintain price stability, financial stability and the Eurozone's finance.”

“We have many tools to ensure liquidity to the finance system.”

Market reaction

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