European Central Bank (ECB) policymaker Fabio Panetta mentioned on Wednesday, the central financial institution “should stay pragmatic and data-driven in setting the coverage price.”
Additional feedback
ECB ought to now focus extra on inflation expectations than estimated impartial degree in setting charges.
As inflation falls and charges close to impartial, uncertainty turns into extra of an issue.
Market response
On the press time, EUR/USD is trading flat at round 1.0780.
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