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ECB Governors Stick to Plan for Multiple Rate Cuts /
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2024-06-03 06:09:32

ECB Governors Stick to Plan for Multiple Rate Cuts on Nostr: Uncertainty Surrounds ECB Rate Cut as Inflation Remains Sticky =============== ...

Uncertainty Surrounds ECB Rate Cut as Inflation Remains Sticky
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#e27004a0 ver:0.83

Uncertainty surrounds ECB rate cut as inflation remains sticky. ECB expected to cut rates for the first time since 2019, but inflation rose more than expected in May. Eurozone economy recovering faster than expected, casting doubt on how many times rates will be cut this year. Divergence in inflation rates between US and Eurozone impacting monetary policy and exchange rates. European central banks must proceed cautiously with rate cuts to maintain reputation as inflation fighters. Deep structural challenges and reforms needed for eurozone to avoid becoming a diminished global power. #ECB #inflation #monetarypolicy #eurozone #economicgrowth...

#newstr #Ecb #InterestRates #Inflation #EconomicRecovery

https://here.news/story/e27004a0?ver=0.83
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