ECB's Lagarde: Recent indicators point to further weakness in the third quarter

<ul><li>Job creation in the services sector is moderating and overall momentum is slowing</li><li>Inflation continues to decline but is still expected to remain too high for too long</li><li>We aim to conclude review of ECB framework by spring 2024</li></ul><p>The euro is down 30 pips to 1.0621 and is at the lows of the day. Negative comments on the economy from the ECB certainly don't help.</p>

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