ECB’s de Guindos: Important to withdraw stimulus gradually


The European Central Bank (ECB) Vice President, Luis de Guindos, crossed the wires in the last hour, saying that it is important to withdraw stimulus gradually.

Additional Quotes:

  • There is light at the end of the tunnel.
  • The policy should normalize gradually, with prudence.

The comments did little to influence the shared currency or provide any meaningful impetus to the EUR/USD pair as the market focus remains on the FOMC policy decision later this Wednesday.

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