ECB’s Muller: It is realistic for inflation to be near 2% by the middle of this year

European Central Bank (ECB) policymaker Madis Muller said on Friday that “it is realistic for inflation to be near 2% by the middle of this year.”

“Rates are nearing the point where they won’t curb investment,” Muller added.

Market reaction

EUR/USD leeps the red near 1.0380 following these comments, losing 0.12% on the day.