ECB's Knot: Policy rates now are at a good 'cruising altitude'

<ul><li>Current level of rates can remain for some time</li><li>Should be a little patient and not raise rates too much to prevent choking off the economy</li></ul><p>If even the more hawkish members of the central bank are calling to pause, it surely looks like we're pretty much done here already for the ECB then – not that it is anything new.</p>

This article was written by Justin Low at www.forexlive.com.