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ECB’s Knot: There is no reason to cut rates in July

The next truly open meeting is in SeptemberWe are comfortable with the progress in disinflation, market pricing on rate cuts

It isn’t anything that we don’t already know. Knot also adds that the date in which they must meet the inflation target must not slip beyond 2025. Well, we’ll see. I mean, they have a knack of kicking the can down the road.

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

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