More from ECBs di Guindos: ECB is not dependent on Fed, but…

More from ECBs di Guindos:

• ECB is not dependent on the Federal Reserve, but it’s policies are relevant at a global level
• Evolution of the US dollar is very important.
• Says that US fiscal policy is much more expensive than in the euro zone, but their unemployment rate is lower
• Number of future rate cuts will depend on multiple factors including salaries and possible adjustment in financial markets

This article was written by Greg Michalowski at www.forexlive.com.