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ECB’s de Guindos: July data was very strong, though August activity was less robust

September 01, 2020 at 08:43AM

ECB’s de Guindos: July data was very strong, though August activity was less robust
Comments by ECB vice president, Luis de Guindos
I reckon some element of fears surrounding a second wave across Europe is playing a part to limit the recovery in August, and that will certainly undermine the pace of the recovery going into the latter stages of Q3 and potentially in Q4 if this keeps up.

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