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Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy /
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2024-05-27 06:09:06

Euro Area Growth Expected to Rebound in 2024 Despite Tight Monetary Policy on Nostr: ECB's Lane Ready to Cut Interest Rates as Wages Data Shows Deceleration ...

ECB's Lane Ready to Cut Interest Rates as Wages Data Shows Deceleration
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#36b7da54 ver:0.36

ECB's Lane ready to cut interest rates as wages data shows deceleration. Euro area growth expected to rebound, but past shocks and tight monetary policy weigh on activity. Lower inflation projection strengthens case for faster rate cuts. UK inflation rate slows, delaying potential rate cut by Bank of England. China's economy affected by property sector downturn. Lane emphasizes need for cautious approach, gradual adjustment of wages. ECB prepared to cut rates, pace determined by data. #ECB #interestrates #euroarea #inflation #economicgrowth...

#newstr #Ecb #InterestRates #PhilipLane #Inflation #WagesData

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