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globalreutersJune 11, 20241 Mins read
ECB’s Lane: We are not pre-committing to a particular rate path
globalreutersJune 11, 20241 Mins read - Rates are to stay sufficiently restrictive for as long as needed
- There is still high level of uncertainty
- Price pressures are still elevated and is evident in indicators for domestic inflation
- Economic activity is recovering
This is mainly a rehash of Lagarde’s remarks from last week. Don’t expect anything different from the ECB until we get to the July meeting.
This article was written by Justin Low at www.forexlive.com.
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