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ECB’s Centeno: Disinflation process to resume after August

Some recovery in real wages is inevitableWe should continue to be data-dependent

Despite the headline remark, he isn’t as confident to suggest when exactly the ECB can resume cutting rates. For now, July is definitely out of the question. But they’re not pre-committing to a September move for the time being at least.

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

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