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The ECB remains patient

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As widely expected, the ECB has remained on hold and has not changed its communication. On inflation, also as expected, the ECB has put the focus on underlying inflation -that remains subdued- instead of headline, thus trying to dampen any concerns on inflation. Draghi remarked that the tapering issue was not discussed and he wanted to avoid any speculation on this issue

Geographies:Europe
Tags:ECB
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