ECB to look to global economy on rate decisions

Global factors will increasingly influence European Central Bank (ECB) monetary policy decisions, Philippe Moutot, the director of monetary policy at the central bank, said on Tuesday.

"The high, and possibly increasing, level of real and financial interdependence among the world's economies introduces new elements into monetary policy strategies," Moutot said at FX Week's European conference.

That the recent bursting of the real estate bubble was accompanied by a substantial reduction of the

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