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Reaction of the Euro and rates to Lagarde's.....>

ECB
ECB: Reaction of the Euro and rates to Lagarde's statement suggests interpreted
as slightly hawkish, probably on these comments... Not really anything new here
though: "But monetary policy cannot, and should not, be the only game in town.
The longer our accommodative measures remain in place, the greater the risk that
side effects will become more pronounced. We are fully aware that the low
interest rate environment has a bearing on savings income, asset valuation,
risk-taking and house prices."

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