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ECB Minutes: Uncertainties around inflation outlook receding

The European Central Bank (ECB) released Account (minutes) of the monetary policy meeting held on July 25-26, 2018 and below are some of the key highlights.

   “¢   Euro-zone growth remains solid, broad-based.
   “¢   Growth is in line with June projections still.
   “¢   Uncertainties around inflation outlook receding.
   “¢   The expectation remains that 1H slowdown is temporary.
   “¢   Council is unanimous in maintaining policy stance.

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