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European Central Bank Governing Council member Klaas Knot said it would “soon” be time to ease monetary policy in the region, but cautioned that the process would need to be done slowly to keep inflation in check. “It can soon be appropriate to ease the currently restrictive monetary policy stance and gradually take our foot off the brake ... policy rates ...
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Today marked the start of the two-day process in which the EuroZone updates the markets on its April inflation reading. The final number will be available on Friday, after major countries have reported their own versions. Typically, by then there is enough data for the markets to adjust to whether the final result is in line, a beat or a miss. Preliminary ...
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