“We fabricate now no longer see a stagflation prospect in the euro area, European Central Bank (ECB) Governing Council member,” Tuomas Välimäki, said on Tuesday.
“It appears we can avoid a wage-ticket spiral in the eurozone,” Välimäki added.
Uk news Market reaction
EUR/USD was last seen trading at 1.0490, up 0.13% on the day.
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