{"id":331551,"date":"2024-06-26T16:17:45","date_gmt":"2024-06-26T10:47:45","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=331551"},"modified":"2024-06-26T16:17:45","modified_gmt":"2024-06-26T10:47:45","slug":"ecb-will-pursue-normalization-gradually-and-smoothly-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ecb-will-pursue-normalization-gradually-and-smoothly-crypto-news\/","title":{"rendered":"ECB will pursue normalization gradually and smoothly &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>European Central Bank (ECB) executive board member Fabio Panetta said on Wednesday that the current economic environment in the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/country\/c9822cb1-6cee-45f4-a9a2-89d136990308\" data-fxs-autoanchor=\"\">Eurozone<\/a> is consistent with a normalization of the monetary stance, per Reuters.<\/p>\n<p>Panetta noted that the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/ecb\" data-fxs-autoanchor=\"\">ECB<\/a> will pursue a gradual and smooth normalization, while avoiding even a &#8216;casual forward guidance&#8217; on the timing of rate moves.<\/p>\n<h2 class=\"fxs_headline_medium\">Market reaction<\/h2>\n<p>The Euro struggles to find demand following these comments. At the time of press, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd\" data-fxs-autoanchor=\"\">EUR\/USD<\/a> was trading at 1.0682, where it was down 0.3% on a daily basis.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>European Central Bank (ECB) executive board member Fabio Panetta said on Wednesday that the current economic environment in the Eurozone is consistent with a normalization of the monetary stance, per Reuters. Panetta noted that the ECB will pursue a gradual and smooth normalization, while avoiding even a &#8216;casual forward guidance&#8217; on the timing of rate [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,386,251,246,257,825,255,250,252,247,253,249,256,254],"class_list":["post-331551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-centralbanks","tag-chainlink","tag-coin","tag-cryptocurrency","tag-ecb","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331551","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=331551"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331551\/revisions"}],"predecessor-version":[{"id":331552,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/331551\/revisions\/331552"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/11762"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=331551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=331551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=331551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}