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ECB’s de Guindos: September is a much more convenient month for taking decisions

  • Will look particularly closely at wage developments
  • Current level of uncertainty is huge, so have to be prudent when taking decisions

The comments don’t add anything to the prevailing outlook. They’ve already said before July that they will defer their next “live” decision to September, so this just continues that.

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

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