The Vice President of the European Central Bank (ECB), Luis de Guindos, said today that it is important to gradually withdraw the stimuli.
Additional comments:
- There is light at the end of the tunnel.
- Monetary policy should be gradually normalized, with caution.
The comments have done little to sway the common currency or provide a significant boost to the EUR / USD pair, as the market focuses on the FOMC’s monetary policy decision later this Wednesday.
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