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ECB's Vujcic: We do not want to give forward guidance, every meeting is live

The ECB is always talking a big game about 'not guiding' but they always tee it up before the meeting, either via public comments or leaks. The market is pricing in 28 bps of hikes by year end with a 60% chance of a hike in September. There will be plenty of data between then and

Desk synthesis pending

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