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EUR/USD Forecast: How ECB Noise Could Impact The Euro’s Performance
Philip Lane, the Chief Economist of the European Central Bank, recently remarked that to bring rates and inflation back on target, central bank tightening must pause. This had an impact on the euro. On the other hand, he made it clear that the central bank needs to push rates to higher levels for them to take a different direction. In addition, he added that rates “need to be raised further” before making any changes.
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