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MNI BRIEF: Little Macro Difference On Rate Oprions- de Guindos

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MNI (LONDON) - The difference for the European economy between the ECB cutting interest rates by 50 basis points in December or to cut 25 bps in both December and January is “minimal”, ECB Vice President Luis de Guindos said on Friday.

“Monetary policy doesn’t allow for fine tunning,” de Guindos said, discussing the importance of the decision at the next meeting, noting the great level of uncertainty in services prices and productivity and the geopolitical risks. (see MNI SOURCES: ECB Heads For 25BP Cut; Risks From Trump, Germany )

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MNI (LONDON) - The difference for the European economy between the ECB cutting interest rates by 50 basis points in December or to cut 25 bps in both December and January is “minimal”, ECB Vice President Luis de Guindos said on Friday.

“Monetary policy doesn’t allow for fine tunning,” de Guindos said, discussing the importance of the decision at the next meeting, noting the great level of uncertainty in services prices and productivity and the geopolitical risks. (see MNI SOURCES: ECB Heads For 25BP Cut; Risks From Trump, Germany )