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ECB's de Guindos says "it is very important for all of us that the principle of central bank independence is also applied to the Federal Reserve."

Newsquawk Staff ·

ECB's de Guindos says "it is very important for all of us that the principle of central bank independence is also applied to the Federal Reserve."

What it means

de Guindos emphasizes the necessity of maintaining central bank independence, directly linking it to the credibility of the Federal Reserve. This statement could be seen as supportive of the ECB's own policy stance and might lead to increased scrutiny of inter-central bank dynamics, potentially influencing both EUR and fixed income markets depending on how it's interpreted by traders and investors.

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