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De Guindos Says ECB Will Have Sufficient Level of Information By June

ECB
  • ECB’s De Guindos sees Europe's economy picking up in 2H 2024
  • Inflation heading to 2% but wages still a risk (BBG)
  • In June we'll have a sufficient level of information to take decisions on monetary policy
  • Financial assets valuations are very high (Reuters News)
  • The comments corroborate earlier headlines from ECB’s Knot who said he expects a first rate cut in June. He then elaborated that the focus should be on meetings in September and December, which would be helped by new projections and data, while not ruling out action in the interim meetings.

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