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• If inflation meets forecast, then no extra fee hikes are wanted
• Backs reopening dialogue on PEPP timetable
• We have now to stay with present uncertainty
• Oil costs are an upside threat to inflation

This simply conforms to market expectations that they’re already executed with fee hikes. As for the PEPP matter, it is not fairly unanimous it might appear however they’re cautious about their alternative of wording – primarily mentioning that it’s one thing that they wish to focus on first.

This text was written by Justin Low at www.forexlive.com.

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