Lagarde: Downside risks have increased ...Middle East

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Lagarde: Downside risks have increased
Most indicators point to inflation returning to targetInflation has declinedGeopolitical tensions are a major source of uncertaintyA strong euro could push down inflation

The euro has edged lower as she takes a dovish tone. The market is pricing in a 68% chance of a rate cut in June.

This article was written by Adam Button at www.forexlive.com.

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