We were looking for numbers of just over 7 percent growth. Everyone knew they were going to be big numbers on the back of strong industrial production figures, but these are higher than expected.
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We want you to understand what you're funding, but understand what you're not funding and the repercussions and the ripple effect of it.Ben Rudd
The ECB will come through with a cut, but it will wait to see what happens on the inflation front. They'll wait until this year's energy price increases come out of the (inflation) number, giving them leeway to cut rates.
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