No direct impact seen from Fed rate hike on euro area: ECB's Constancio

The European Central Bank does not see any significant direct impact for the euro area from a potential U.S. interest rate hike next month, the ECB's Vice President Vitor Constancio said on Wednesday. Speaking in Madrid after a meeting of euro area and Latin American central bankers, Constancio said the fallout from a rate hike in emerging markets could have an indirect impact on the economy and trade, however. "We think there will not be any significant direct impact, indirectly (it could have