ECB's Escriva: Current level of rates is appropriate

FXStreetOct 27, 2025 12:46 AM

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European Central Bank (ECB) Governing Council member José Luis Escrivá said that he is satisfied with current settings for borrowing costs, Bloomberg reported on Sunday.

Key quotes

Inflation is at target.

The current level of interest rates is appropriate.

Market reaction

At the press time, the EUR/USD pair is up 0.01% on the day to trade at 1.1630.

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