ECB's Lane discusses monetary policy communication at BoE Watchers Conference
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Germany and France will jointly present candidates for ECB Chief Economist and Market Operations Head, clearing the way for both to support Spain's De Cos for ECB President. This reflects a Franco-German compromise on top ECB roles, with De Cos's candidacy now likely to proceed. The deal underscores the political horse-trading behind ECB leadership appointments, which could influence monetary policy direction.
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