Global EconomyIMPORTANT
ECB Minutes: Deposit rate of 2.50% remained in range of neutral estimates by staff; important to refrain from giving any guidance regarding future interest rate path.
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ECB minutes described the 2.50% deposit rate as within staff neutral estimates, discouraged interest-rate-path guidance, and emphasized vigilance amid uncertainty and mixed risks.
News detail
Sensible to acknowledge high uncertainty. Continued vigilance is vital. Risks not not all point in same direction. Transmission of monpol has been smooth.
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