Jonathan Cook
on January 11th, 2024 EUR/USD climbed by over fourth-tenths of a per cent and by a much thinner margin against the pound.
Don’t shoot the messenger, said the ECB’s Luis de Guindos, but inflation may return and growth could be stunted. The vice president said that recent progress on inflation would likely be eroded over the early stages of 2024, while growth could turn negative towards the end of the year.
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