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ECB’s de Guindos: Rate increases beyond March are to depend on data


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European Central Bank (ECB) Vice-President Luis de Guindos said on Monday, “rate increases beyond March are to depend on data.”

“The ECB are a bit more positive on the economic outlook,” de Guindos added.

Market reaction

EUR/USD was last seen trading at 1.0676, modestly flat on the day.