ECB's Knot sees little impediment to a different charge lower subsequent week

  • Data is encouraging, confirms that we’ll return to target
  • Hopes to see recovery in economy, then we’ll take it from there
  • There is new downside risk from trade policy on growth, impact on inflation not so clear
  • But pretty comfortable with market expectations for the next two meetings
  • But if recovery continues, not too convinced that we need to into “stimulative mode”

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

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