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ECB Governors Stick to Plan for Multiple Rate Cuts /
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2024-06-06 06:59:33

ECB Governors Stick to Plan for Multiple Rate Cuts on Nostr: European Central Bank Expected to Cut Interest Rates in Response to Receding ...

European Central Bank Expected to Cut Interest Rates in Response to Receding Inflation
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#e27004a0 ver:0.92

The European Central Bank is expected to cut interest rates in response to receding inflation caused by Russia's invasion of Ukraine, making the eurozone the largest economy to ease borrowing costs. Other major central banks are also leaning towards lowering rates. Lowering rates can impact mortgage costs, credit card charges, stock prices, construction activity, and renewable energy production costs. The ECB's higher rates have negatively affected home prices and construction activity. #ECB #interestrates #inflation #economy...

#newstr #InterestRates #EuropeanCentralBank #FederalReserve #Inflation #Eurozone #ChristineLagarde

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