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Account of the monetary policy meeting 26-27 April 2017 of the Governing Council of the European Central Bank, held in Frankfurt am Main on Wednesday and Thursday, 26-27 April 2017 1. Review of financial, economic and monetary developments and policy options Financial market developments Mr Cœuré reviewed the latest financial market developments. Since the Governing Council’s previous monetary policy meeting on 8-9 March 2017, longer-term US and euro area government bond yields had been on...