ECB in 'Good Position' After June Rate Hike as Falling Oil Prices Ease Inflation, Says Governing Council Member Moulin

Emmanuel Moulin, a member of the European Central Bank's Governing Council, stated that the ECB is in a comfortable situation following last month's interest-rate increase. He noted that falling oil prices are easing price pressures in the euro zone, contributing to a 'good position' for the central bank.