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Eurozone's recovery remains on track: ECB

Increase in long-term bond yields has not affected the central bank's policy stance, says board member Benoit Coeure
Thursday, May 18, 2017 - 05:50

Frankfurt

AN increase in long-term bond yields hasn't affected the policy stance of the European Central Bank (ECB) and euro-area financial conditions remain "highly supportive" for the economic recovery, executive board member Benoit Coeure said.

The rise in yields appears to

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