ECB's Villeroy: We ought to be sustainably round 2% inflation goal by summer time
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- Course of journey is evident, tempo is pragmatic
- ECB ought to train agile pragmatism in pacing future cuts
- Rise in long-term yields limiting the easing of total monetary circumstances
That is some clear communication. The market sees about 75 bps in easing this yr to 2.00%.
This text was written by Adam Button at www.ubaidahsan.com.
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