ECB Governors Stick to Plan for Multiple Rate Cuts on Nostr: European Central Bank to Cut Interest Rates from Record Highs, Diverging from Federal ...
European Central Bank to Cut Interest Rates from Record Highs, Diverging from Federal Reserve
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#e27004a0 ver:0.93
The European Central Bank is set to cut interest rates for the first time in nearly five years, diverging from the Federal Reserve. The move is in response to receding inflation caused by Russia's invasion of Ukraine. Lowering rates will boost the eurozone economy and have various effects, including reducing mortgage costs and credit card charges for consumers. ECB President Christine Lagarde's press conference will provide insight into the future pace of cuts. #ECB #interestrates #eurozone #inflation...
#newstr #Ecb #Eurozone #InterestRates #Inflation #FederalReserve
https://here.news/story/e27004a0?ver=0.93
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#e27004a0 ver:0.93
The European Central Bank is set to cut interest rates for the first time in nearly five years, diverging from the Federal Reserve. The move is in response to receding inflation caused by Russia's invasion of Ukraine. Lowering rates will boost the eurozone economy and have various effects, including reducing mortgage costs and credit card charges for consumers. ECB President Christine Lagarde's press conference will provide insight into the future pace of cuts. #ECB #interestrates #eurozone #inflation...
#newstr #Ecb #Eurozone #InterestRates #Inflation #FederalReserve
https://here.news/story/e27004a0?ver=0.93