ECB's Makhlouf: Another rate hike is still possible

<ul><li>Little chance of a rate cut before March</li><li>Rates could just stay where they are for longer</li><li>If inflation outlook holds, may not need any more rate hikes</li></ul><p>The ECB wants to try to at least sell a hawkish pause but they're not doing a very good job at that. These remarks will fall on deaf ears as markets are no longer convinced of any more moves by the ECB unless inflation jumps back higher.</p>

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