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ECB said to agree there is no need to overreact to euro gains
ECB SAID TO AGREE THERE IS NO NEED TO OVERREACT TO EURO GAINS
— FxMacro (@fxmacro) September 10, 2020
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ECB'S LAGARDE SAYS INCOMING INFO SUGGEST STRONG REBOUND
— *Walter Bloomberg (@DeItaone) September 10, 2020
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Lagarde: Introductory statement
Ladies and gentlemen, the Vice-President and I are very pleased to welcome you to our press conference. We will now report on the outcome of today’s meeting of the Governing Council, which was also attended by the Commission Executive Vice-President, Mr Dombrovskis. The incoming data since our last monetary policy meeting in July suggest a strong rebound in activity broadly in line with previous expectations, although the level of activity remains well below the levels prevailing before the coronavirus (COVID-19) pandemic. While activity in the manufacturing sector has continued to improve, momentum in the services ... (full story)
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