Editorial For a change, at least one European uncertainty will disappear this week. The narrow margin victory of Ursula von der Leyen as President of the European Commission confirms the adoption of the top job s package. Christine Lagarde could therefore officially resign from the IMF to become ECB President on 1 November. Meanwhile, Mario Draghi is unlikely to make any major announcement at next Thursday’s meeting, but wait until the September meeting before cutting the deposit rate by 10bp.
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