More from ECBs di Guindos:
- ECB is not dependent on the Federal Reserve, but it’s policies are relevant at a global level
- Evolution of the US dollar is very important.
- Says that US fiscal policy is much more expensive than in the euro zone, but their unemployment rate is lower
- Number of future rate cuts will depend on multiple factors including salaries and possible adjustment in financial markets
This article was written by Greg Michalowski at www.forexlive.com. Source