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ECB’s Praet: Monetary stimulus remains necessary

Reuters is out with a recap on the comments delivered by the European Central Bank (ECB) Chief Economist Peter Praet, with the key headlines found below:

Limited signs strong euro is dampening exports.

Monetary stimulus remains necessary.

No evidence of durable softening demand.

Euro area data consistent with solid expansion.

Euro area data points to 'some moderation'.

Monetary policy will evolve in data dependent fashion.

 

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