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Lagarde press conference continues, with the....>

ECB
ECB: Lagarde press conference continues, with the economic analysis. Again,
sounds a little less dovish than the market may have expected.
- Minor changes to economic outlook, re paragraph about GDP.
- Risks remain to the downside, but less pronounced. Risks paragraph is changed
to include "some of the uncertainty due to international trade is receding"
- Underlying inflation language also changed from "mild" to "moderate".
- Monetary analysis paragraph unchanged apart from levels.

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