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In March the European Central Bank maintained its stimulus policy, intending to do so at least until the end of However, ECB President Mario Draghi said that the urgency for further easing has faded and deflation is no longer a threat. However Draghi still believes growth risks remain tilted to the downside. No changes are forecast kseful the ECB and investors will be fogex the press conference closely for any clues on future timings.

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